About Source Advisors
Fort Worth, TX, USA
Source Advisors is a distinguished entity in the specialized tax consulting industry, with a track record that extends over four decades. Their expertise lies in navigating the labyrinthine domain of tax incentives, providing services that range from R&D tax credits to cost segregation and energy tax credits. For businesses and CPAs seeking to maximize tax savings and ensure compliance, Source Advisors stands as a versatile and reliable partner.
The company's offerings are diverse, indicating a depth of knowledge in several key areas. Their R&D Tax Credits service is particularly commendable; it demonstrates their commitment to fostering innovation by helping businesses recoup expenses incurred in research and development. Source Advisors' approach to Cost Segregation is another highlight, offering companies that own commercial real estate the opportunity to accelerate depreciation and potentially enhance short-term cash flow. This service underscores their acumen in identifying 'hidden' tax breaks that can significantly impact a client's financial statements.
In the realm of energy efficiency, Source Advisors' proficiency is twofold, encompassing both 45L Tax Credits and 179D Tax Deductions. Their expertise in these areas is not just about compliance and savings; it's a testament to their dedication to sustainable practices and their role in promoting environmentally conscious investments.
The company's professional disposition is matched by its innovative spirit. Their Automated R&D Tax Credit Software, GOAT.tax, exemplifies this by simplifying the complex process of claiming R&D tax credits. It's an embodiment of their forward-thinking attitude, merging technology with tax consulting to deliver efficient solutions.
That said, prospective clients may find the tax industry's jargon and technicalities a hurdle. Source Advisors, however, addresses this with clear communication and educational resources, making their services accessible to those not versed in the tax vernacular. This educational approach is a significant advantage, demystifying the complexities of tax law and enabling clients to make informed decisions.
While Source Advisors' reputation is solid, it's essential for potential clients to consider their specific needs against the company's offerings. The breadth of services provided is a strong suit, but the fit is paramount. For those within industries that Source Advisors specializes in, such as aerospace or manufacturing, the tailored expertise on offer could prove particularly beneficial.
In summary, Source Advisors emerges as a robust contender in the 179D tax lawyers space, marked by a blend of experience, diversity in service, and innovative solutions. Their focus on specialized tax incentives positions them as a valuable ally for businesses looking to optimize their tax positions. While their breadth of services is impressive, the true measure of their value will always be in the alignment of their expertise with the unique challenges and opportunities facing their clients.
Fast Facts
- Source Advisors has been providing nationwide tax incentive solutions for over 40 years.
- Source Advisors offers specialized tax consulting services including R&D Tax Credits, Cost Segregation, 179D, 45L Tax Credits, and more.
- The firm has a consultative approach tailored to specific business needs to maximize tax incentive strategies.
- Source Advisors serves over 70 industries, demonstrating a wide reach in tax incentive consultancy.
- Source Advisors has partnered with many of the nation's most prominent accounting firms to maximize federal and state tax credits and incentives for their clients.
Products and Services
- "R&D Tax Credits" - Businesses of all sizes and industries can reduce federal income taxes for qualified research expenses.
- "Cost Segregation" - Accelerate depreciation and increase short-term cash flow for companies that own commercial real estate, multifamily housing, or tenant improvements.
- "45L Tax Credits" - Offset the costs associated with building energy efficient properties with these tax credits.
- "179D Tax Deductions" - Leverage green building tax deductions to benefit from energy efficiency improvements to commercial buildings.
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