There are many things to consider when owning a business. In the global marketplace, businesses continue to innovate and invest in infrastructure to gain or maintain a competitive advantage. These activities offer opportunities for additional tax deductions and credits. In addition, recent federal and state law changes have increased the opportunities for businesses to claim these additional deductions and credits to improve cash flow.
Business owners may also benefit from a cost segregation study if they have purchased, built or renovated a building and want to reduce the amount of taxes paid—and if you have ever received a notice from the IRS regarding an audit, you know it can be a lot to navigate. Developing a plan today that can set you up for success tomorrow is key.
Join Eide Bailly and the Bismarck-Mandan Chamber of Commerce EDC on Tuesday, June 25 at noon at Bismarck’s Ramada Inn as presenters Jim Donovan, Joe Sawatske and Mike Mondelli tell you more about these exciting opportunities for your business.