Redde Northgate plc’s Post

💡 Embrace challenges, find opportunities. This is our road to success. ⚙️ MTRS is a specialized firm based out of Charleston and Long Island that focuses on the Employee Retention Tax Credit, the Research and Development Tax Credit, and Sales Tax Recovery. MTRS was founded to help American manufacturers and businesses across all industries maximize their bottom lines without compromising their pockets... Or innovative calendars. ✨ #BusinessSuccess #Opportunities #EntrepreneurLife #BusinessMotivation

In 2023 businesses can deduct up to $1,160,000 using Section 179 of the U.S. Internal Revenue Code. This is an immediate expense deduction that business owners can take for purchases of depreciable business equipment instead of capitalizing and depreciating the asset over some time.… Read more and click the link below: https://bit.ly/NYCTax #BroadwayFurnitureGroup #TaxSavings #BusinessSuccess #NYCFinance

As we're deep in busy season peak this quarter, our President and Founder, Danielle Michel, CPA, has a special message about the direction of MTRS: "In a world where change is the only constant, MTRS is not just keeping pace; we're setting the pace. This year, we're expanding our expertise to encompass the Work Opportunity Tax Credit, Cost Segregation, and Growth and Accountability Consulting, among our other distinguished services." Why is this expansion crucial for today’s market? Here's why: ✅ Work Opportunity Tax Credit - In today's diverse job market, leveraging this credit helps businesses benefit from inclusive hiring practices, ultimately fostering a stronger, more diverse workforce. ✅ Cost Segregation - As companies seek more efficient ways to manage finances, this service accelerates depreciation deductions, freeing up cash flow for crucial investments and innovation. ✅ Growth and Accountability Consulting - In an era of rapid change, strategic growth and accountability are paramount. Our specialized consulting ensures businesses not only grow but thrive with integrity and foresight. MTRS is more than a tax credit firm; we are partners in your business’s financial journey to success. This year's expansion reflects our commitment to empowering American businesses in navigating the complexities of the tax landscape and seizing every opportunity for growth and development. #Innovation #Growth2024 #Empowerment #BusinessSuccess #fromourfounder #femalefounder #b2b #businessfinance #MTRS

Innovative businesses get R&D. ⚗️ Unravel the Truth About R&D Credits with MTRS: • Debunking Myths: Are misconceptions holding your business back? • In-Depth Insight: Explore the top 3 misunderstandings about R&D credits. • MTRS Expertise: Guiding businesses towards understanding & maximizing eligibility. For a comprehensive breakdown, visit our page: https://lnkd.in/gsMdTN5a 💼📈 MTRS is a specialized firm based out of Charleston and Long Island that focuses on the Employee Retention Tax Credit, the Research and Development Tax Credit, and Sales Tax Recovery. MTRS was founded to help American manufacturers and businesses across all industries maximize their bottom lines without compromising their pockets... Or innovative calendars. Our insights provide a look into topics facing American businesses, but are not financial advice. For digestible information and practical tools for understanding the tax landscape as a business owner visit our FAQ or contact MTRSNow. #RnDTaxCredits #MTRS #BusinessInsights #innovation #businesstips #randd

Brace for impact! Interest rates dropping in 2024 could trigger an M&A explosion, warns compensation expert Robert Romanchek of Meridian Compensation Partners, LLC. He advises preparing executive pay programs now for the inevitable surge in deals. Get ahead of the game when it comes to change of control provisions, severance and retention. Learn more in the full episode, linked in the comments below. #Compensation #Wages #SPAC #Equity #ExecutiveCompensation #Clawback

Treat your trial balance like the contents of your refrigerator. If it's old, stale, or rotting, and you know no one is going to eat it, throw it away! Write-off old receivables you know won't be collected or liabilities that won't be paid. Before you do, make sure they're being written off to the correct period. Some systems will adjust prior year income statement accounts and throw off your current year opening retained earnings balance. If you need help rolling retained earnings, check out the following lessons. https://lnkd.in/g-fe9vpy - Part One https://lnkd.in/gFzPbERj - Part Deux

In 2023 businesses can deduct up to 1,160,000...

Less than a week before #MBOT's webinar on Tax Strategies for Private Business Owners! Different stages in the life cycle of a Canadian private business will involve other tax considerations and require different strategies. Join Managing Partner Kalin McDonald from S+C Partners on May 17th for a discussion of some of the most pressing tax issues facing entrepreneurs, including: - When to incorporate - Why and when to set up a holding company - Executive remuneration planning: salary versus dividends? - Using a private business to fund a retirement plan - Tax considerations of a merger, acquisition, or restructuring - How to admit family members as part of the business succession plan - How to exit a private business in the most tax-effective manner (hint: capital gains exemption planning) Register now: http://ow.ly/vnEK50NIAES