Engineered Tax Services, Inc. (ETS) is a licensed engineering firm that focuses on federal, state, and local tax benefits. Engineered Tax Services tax attorneys, engineers, and scientists are the leading experts that have performed millions of tax saving services over the past decades. Through these services, ETS has generated billions of dollars in the United States stimulus that has impacted millions of jobs in our country.
Specific to real estate is the ability to depreciate real estate investments by components vs. the traditional expensing of real estate. A forensic engineering study of a real estate property, in which the building is depreciated component by component, allows property owners to expense up to 50% (and in some cases, more because of 100% bonus depreciation) of the purchase of their building up front.
Engineered Tax Services also uses its engineering, scientific and tax team to provide one of the most important federal and state tax credits available to United States businesses in the form of research and development tax credits (R&D). R&D Tax Credits are meant to incentivize manufacturing, innovation and technical design in the United States. This includes the development of new or improved products or manufacturing processes, tool and die development, technical design in the construction industry, software development, fracking and drilling technique development, and developing new or improved drugs or formulas, just to name a few.