Individuals and small businesses should consider various ways of starting off on the right foot for the 2025 tax year. W-4 Updates — If you are employed, then your employer takes the information from your Internal Revenue Service (IRS) Form W-4 […]
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Squire provides complete and personalized tax management and planning solutions to meet your needs.
Tax
Squire provides complete and personalized tax management and planning solutions to meet your needs.
Contact UsTax credits and Incentives
Tax credits and incentives are powerful tools to help businesses reduce tax liability, improve cash flow, and reinvest in growth. Whether you’re driving innovation through product development or managing commercial property investments, opportunities like the R&D Tax Credit and Cost Segregation Studies can deliver significant financial benefits.
At Squire, we specialize in identifying and optimizing these incentives, ensuring you maximize savings while staying compliant. Explore how these strategies can work for your business and unlock the value you deserve.
Research and Development Tax Credit
Are you improving your business through innovation?
You could qualify for significant tax savings with the Research & Development (R&D) Tax Credit—even if you’re not in a “high-tech” industry.
At Squire, we specialize in helping businesses like yours maximize their potential savings by identifying qualifying activities and guiding you through the process.
What is R&D Tax Credit?
R&D Tax Credit rewards businesses for developing or improving products, processes, or software. It’s not just for scientists in labs—companies in industries like manufacturing, construction, and food production are also taking advantage of these incentives.
Who Can Benefit?
Your business could be eligible if there have been investments in activities like:
- Enhancing processes to improve efficiency
- Developing new or improved products
- Conducting software development
- Performing engineering or architectural design
The R&Da tax credit can apply to a wide range of industries including:
- Manufacturing
- Agriculture
- Architecture
- Engineering
- Construction
- Computer sciences
- Software development
- Cloud computing
- Gaming, virtual reality, and augmented reality
- Information technology
- Life sciences, biotech, and pharmaceuticals
- Food and beverage manufacturing
- Industrial and automotive design sectors
Why Partner with Squire?
As trusted advisors, we’ve helped countless businesses uncover valuable tax credits while navigating the complexities of compliance. With proposed changes to IRS regulations, now is the perfect time to ensure your documentation is complete and compliant. Don’t leave money on the table—let Squire help you unlock the power of the R&D Tax Credit.
Cost Segregation Studies
Accelerate Depreciation and Maximize Cash Flow with a Cost Segregation Study
Did you know your commercial property could be a hidden source of cash flow?
A cost segregation study is a strategic tax planning tool that allows property owners to accelerate depreciation and unlock significant tax savings.
At Squire, we help businesses like yours take full advantage of their property investments by identifying assets that can be depreciated faster.
What is a Cost Segregation Study?
A cost segregation study is an IRS-approved method of reclassifying components of a building into shorter depreciation categories. Instead of spreading depreciation over 27.5 or 39 years, eligible assets—such as fixtures, electrical systems, and flooring—can be depreciated over 5, 7, or 15 years.
Who Benefits from a Cost Segregation Study?
Businesses and property owners who:
- Own or lease commercial real estate
- Recently purchased, constructed, or renovated a property
- Want to improve cash flow by accelerating tax deductions
Industries that often benefit include:
- Real estate and property management
- Manufacturing
- Hospitality and retail
- Healthcare facilities
If you own property or have made improvements to a building, you could be eligible to save thousands—or even millions—in taxes.
Get in touch with Squire today
We simplify the process and ensure compliance, so you can focus on growing your business while saving money. Don’t let potential savings go unclaimed. Contact us to learn how a cost segregation study can reduce your tax liability and improve cash flow for your business.
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