Take credit. You’ve earned it.
Our dedicated Tax Credit team brings a broad depth of experience to assist in structuring and documenting transactions to maximize benefits and comply with ever-evolving tax codes and regulations.
We’ve helped clients experience the benefits of more than $60 million in tax credits over the past two years.
Who We Serve
- Construction & Real Estate Developers
- Manufacturing
- Technology
Our Tax Credit Consulting & Tax Incentive Services
At Bonadio, we adopt a focused and pragmatic approach to assist our clients in navigating the complex rules of credits and incentives. Many individuals and businesses miss out on claiming credits due to cost or lack of knowledge. Our team works closely with you to ensure you do not leave any money on the table. Our services include:
- Historic Tax Credit & Brownfield Tax Credit
- Low Income Housing Tax Credit & New Market Tax Credit
- Other Federal and State Tax Credits & Tax Incentives
- Research & Development (R&D) Tax Credit Studies
R&D Tax Credit
Many companies routinely conduct R&D to stay competitive in their industry.
The Credit for Increasing Research Activities rewards taxpayers for innovation, scientific or engineering research, product or process improvements, prototypes, and software development activities. Our team provides analysis and documentation to help you unlock significant financial advantages through the federal and any state-level research credits.
Low Income Housing Tax Credit
Low-Income Housing Tax Credit (LIHTC) projects bring together tax-exempt organizations and for-profit investors to facilitate affordable housing development for those in need.
Our team has extensive experience with LIHTC projects, starting with the initial development planning and continuing through the project’s completion. We provide cost certification audits, development consulting, and ongoing tax, audit, and compliance services.
Qualified Opportunity Zone Tax Credit
The rules in this area are complex but provide a once-in-a-generation opportunity to reduce your tax bill by deferring the tax on capital gains and reinvesting those gains in economically distressed areas.
Our team helps guide you through the process, structure deals, and ensure the process meets the required timelines and parameters.
Historic Tax Credit & Brownfield Tax Credits
We help find opportunities for tax credits that can be shared with corporate investors and financial institutions through syndication.
- The historic tax credit encourages private investment in historic building restoration by offering a 20% refundable tax credit, often with a matching state credit incentive.
- The NYS Brownfield Cleanup Program is a powerful tool that not only incentivizes the cleanup and redevelopment of eligible contaminated properties but also contributes to environmental sustainability and community revitalization.
What Our Team Has to Say
“So many federal and state tax credits are available for real estate developers, including Historic, Brownfield, New Market, Sec. 45L Energy Efficient, Low Income Housing; to name a few. We have the in-house expertise to assist you in obtaining and maintaining all of these credits to maximize all the tax benefits you have coming to you.”