Solutions

CPA Services

Resources

About Us

Solutions

Solutions

We help clients maximize tax credit savings through expert guidance and a range of services tailored to their needs, ensuring compliance and optimizing benefits.

Resources

CPA Services

CPA Partners

Source Advisors offers tailored solutions, focusing on speed, responsiveness, and flexibility to optimize clients’ tax strategies and maximize returns, fostering lasting relationships and fostering strong client relationships.

Our list of service line collaterals created for CPAs

Upcoming conferences, workshops, and webinars

Key tax strategies that can improve cash flow, free up capital, and fund future projects

Stay up to date with industry developments with Source Advisors’ CPE Courses

Stay ahead of the curve with our technical updates. From changes in tax legislation to updates on tax credits.

Resources

Resources

Source Advisors offers a comprehensive range of resources designed to help clients maximize their tax credits savings for their businesses.

Upcoming conferences, workshops, and webinars

Stay ahead of the curve with our technical updates. From changes in tax legislation to updates on tax credits, we’ve got you covered

Access our library of informative guides on various tax topics

Explore articles written by industry leaders on all our service lines

Learn from real-world examples to understand how we’ve helped our clients navigate various complex tax situations

Businesses of all sizes and industries can reduce federal income taxes for qualified research expenses

About Us

About Us

Trust, integrity, and hard work are core values that have driven our success and created partnerships with many of the nation’s most prominent accounting firms, associations, and Fortune 1000 companies.

Our people are our greatest asset.

Community outreach and philanthropy.

Join the Source Advisors family! Check out our open positions.

Company updates and press releases

Solutions

CPA Services

Resources

About Us

Solutions

Solutions

We help clients maximize tax credit savings through expert guidance and a range of services tailored to their needs, ensuring compliance and optimizing benefits.

Resources

CPA Services

CPA Partners

Source Advisors offers tailored solutions, focusing on speed, responsiveness, and flexibility to optimize clients’ tax strategies and maximize returns, fostering lasting relationships and fostering strong client relationships.

Our list of service line collaterals created for CPAs

Upcoming conferences, workshops, and webinars

Key tax strategies that can improve cash flow, free up capital, and fund future projects

Stay up to date with industry developments with Source Advisors’ CPE Courses

Stay ahead of the curve with our technical updates. From changes in tax legislation to updates on tax credits.

Resources

Resources

Source Advisors offers a comprehensive range of resources designed to help clients maximize their tax credits savings for their businesses.

Upcoming conferences, workshops, and webinars

Stay ahead of the curve with our technical updates. From changes in tax legislation to updates on tax credits, we’ve got you covered

Access our library of informative guides on various tax topics

Explore articles written by industry leaders on all our service lines

Learn from real-world examples to understand how we’ve helped our clients navigate various complex tax situations

Businesses of all sizes and industries can reduce federal income taxes for qualified research expenses

About Us

About Us

Trust, integrity, and hard work are core values that have driven our success and created partnerships with many of the nation’s most prominent accounting firms, associations, and Fortune 1000 companies.

Our people are our greatest asset.

Community outreach and philanthropy.

Join the Source Advisors family! Check out our open positions.

Company updates and press releases

Resources

Industries We Serve

Our specialized team of tax consultants leverages their industry-specific knowledge to deliver tailored tax solutions that drive value for your business.

Resources

Industries We Serve

Our specialized team of tax consultants leverages their industry-specific knowledge to deliver tailored tax solutions that drive value for your business.

Our Industries by Service

Click on a service line and view the industries we have supported

Scroll to see all industries

Aerospace

Aerospace manufacturers often qualify for the R&D tax credit due to the extensive experimentation involved in developing high volume and highly complex production processes. Even aerospace companies not participating in overall product design can qualify.

Read More →

Architecture & Engineering

Architecture and Engineering industries generate R&D tax credits, but design and development are complex and often involve design reviews, new processes, material experimentation, and alternative evaluation, indicating technical uncertainty.

Read More →

Blockchain Development

Blockchain development is at the forefront of modern financial technology, offering opportunities for qualifying for R&D tax credits amid the surge in demand for decentralized solutions.

Read More →

Chemical

Chemical manufacturers engage in a wide array of activities that can qualify for the R&D tax credit. This extends from product development and formulation to the intricate design and creation of large-scale production plants.

Read More →

Construction & MEP

R&D tax credits in the AEC sector can be claimed by construction companies and MEP engineering firms, regardless of their focus on specific systems within larger construction projects.

Read More →

Consumer Goods Manufacturing

Since 1981, the R&D tax credit has primarily benefited the manufacturing sector, promoting US-based research in product design and manufacturing, with consumer goods being a significant category.

Read More →

Contract Manufacturing

Contract manufacturers often qualify for the R&D tax credit due to their involvement in complex production processes and extensive experimentation, rather than solely responsible for production.

Read More →

Financial Services

Financial services companies qualify for R&D tax credit due to proprietary software systems, as technological advancements shift towards bespoke systems for specific needs.

Read More →

Food & Beverages

Manufacturers often overlook R&D tax credit eligibility, but activities like food science initiatives, novel recipes, flavors, packaging, and food safety improvements may qualify.

Read More →

Game Development

Game development is a costly and risky endeavor, necessitating additional cash flow for small-to-midsize studios, as many of their work qualifies for credit.

Read More →

Life Science

The life science industry, driven by innovation, is a strong candidate for the R&D tax credit due to its innovative solutions in lab automation equipment and diagnostic testing components.

Read More →

Manufacturing & Distribution

The R&D tax credit, established in 1981, benefits various manufacturing sectors in the US, including consumer goods, medical products, electronics, pharmaceuticals, automotive, furniture, and steel parts.

Read More →

Metal Fabrication

The metalworking industry can qualify for the R&D tax credit, as it involves routine activities like designing and creating custom tooling, casts, jigs, dies, or production equipment, which can potentially enhance production processes.

Read More →

Mortgage & Banking

The mortgage banking industry has shifted towards software development due to fragmented platforms, leading to the emergence of research and development tax credits as a tax planning strategy.

Read More →

Oil & Gas

The oil and gas industry frequently benefits from R&D tax credits, requiring companies to innovate to maintain competitiveness. Entities like exploration, production, refineries, drilling contractors, and oilfield services qualify.

Read More →

Pharmaceutical

The pharmaceutical, nutraceutical, and bioceutical industries can qualify for the R&D tax credit, covering both visible and less obvious aspects like support staff wages, computer leasing, and raw material costs.

Read More →

Plastic Injection Molding

The plastics and injection molding industry is eligible for the R&D tax credit due to its extensive R&D activities in injection molding and plastic packaging.

Read More →

Software Development

Software companies are a rapidly growing sector eligible for the R&D tax credit, ranging from software development and marketing to internal software creation for operational efficiency.

Read More →

Tool & Die

Tool and die manufacturers have a unique opportunity for R&D qualification due to their specialized role in designing tools and dies, which are integral to end product manufacturing.

Read More →

Apartment Buildings

Cost segregation is a tax-saving strategy in the real estate industry, particularly for apartment buildings. It involves dividing property components into distinct tax categories, allowing owners to maximize cash flow and leverage tax advantages.

Read More →

Assisted Living

The assisted living industry, driven by the aging population, offers unique financial opportunities through cost segregation, a tax strategy often overlooked by owners.

Read More →

Auto Dealers

Auto dealerships’ intricate service departments, specialized systems, and site improvements offer untapped financial gains, with each asset having its own distinct depreciation timeline.

Read More →

Bank Buildings

Cost segregation is a tax strategy for bank buildings, dividing property into components and allocating specific values to individual assets, separating personal and real property.

Read More →

Data Centers

Data centers’ specialized ecosystem offers fiscal ingenuity with intricate servers, security systems, and energy-efficient technologies, each with unique depreciation timelines due to significant capital investment.

Read More →

Daycares

Daycare centers’ diverse classroom equipment and outdoor amenities offer financial optimization, with each asset having its own depreciation timeline.

Read More →

Distribution Centers

Distribution centers utilize specialized systems and land improvements for financial improvement, with each asset having its own depreciation timeline.

Read More →

Fitness Centers

Fitness centers offer a variety of gym equipment, wellness amenities, and modern facilities, each with its own depreciation schedule, providing untapped financial opportunities for health-conscious clients.

Read More →

Grocery Stores

Grocery retail assets, including aisles, checkout counters, and cooling systems, offer hidden fiscal potential due to their unique depreciation schedules.

Read More →

Hospitality

Hotel assets offer strategic financial planning opportunities, with cost segregation a key tool for hoteliers to maximize tax deductions and improve cash flow in tourist destinations.

Read More →

Manufacturing

Manufacturing ecosystems involve every component, including robotic arms and machinery, offering financial optimization opportunities due to their unique depreciation timelines and untapped fiscal benefits.

Read More →

Medical Buildings

Medical buildings in healthcare are complex, diverse, and specialized assets, including advanced MRI machines, surgical suites, air filtration systems, and outpatient facilities, each with its own depreciation schedule.

Read More →

Office Buildings

Office buildings in commercial real estate are complex ecosystems of assets, including specialized HVAC systems, energy-efficient lighting, and advanced conference rooms with depreciation life cycles.

Read More →

Restaurants

The restaurant industry’s diverse finishes, specialized equipment, and themed decor offer potential for financial enhancement, each with its own unique depreciation timeline.

Read More →

Retail Shopping Centers

Retail properties offer a vast financial resource due to their diverse tenant spaces, complex systems, and unique depreciation timelines, ranging from boutiques to shopping malls.

Read More →

Self Storage

Self-Storage properties, ranging from traditional garages to climate-controlled buildings, offer fiscal improvement opportunities due to their diverse facility design and depreciation schedules.

Read More →

Auto Dealerships

The auto dealership industry demands effective financial management to ensure profitability, often underutilized, and utilizes the Last-In-First-Out (LIFO) inventory valuation method to improve efficiency.

Read More →

Distributors

In today’s competitive market, distributors and wholesalers must employ strategic approaches like Last-In-First-Out (LIFO) inventory valuation to manage inflation and ensure profitability.

Read More →

Manufacturers

The Last-In-First-Out (LIFO) inventory valuation method offers strategic advantages in manufacturing, helping businesses mitigate inflation’s negative impact on inventory costs across all sectors.

Read More →

Retailers

The Last-In, First Out (LIFO) inventory valuation method is a valuable strategy in retail to enhance profitability by balancing inventory management and profit margins.

Read More →

Commercial Properties

Commercial building owners can qualify for the §179D tax deduction, which offers a deduction of up to $1.80/SF for energy-efficient construction or renovation projects in various categories like office buildings, warehouses, and retail stores.

Read More →

Design Firms

The primary designer of energy-efficient commercial buildings, such as schools, universities, libraries, and convention centers, can receive §179D tax deductions from government property owners, including federal, state, and local governments.

Read More →

Residential Properties

§179D tax deduction allows taxpayers to deduct up to $1.80/SF for energy-efficient multifamily residential buildings, incl. high-rise towers, multi-use properties, dormitories, and 4 story apartment buildings.

Read More →

Digital Goods

The digital goods industry’s rapid expansion is causing confusion about sales tax compliance, prompting companies to seek help from PMBA specialists. Sales tax compliance is complex due to state-specific definitions and taxability of digital products.

Read More →

Manufacturing Companies

Manufacturing companies need to track all aspects of sales tax liability, including exempt equipment repairs and vendor certificates, to stay compliant. Source Advisors can help identify sales presence, taxability, and compliance strategies.

Read More →

Retailers

Retailers facing growth face new tax responsibilities, including sales tax compliance across various channels. Tax specialists can help with nexus analysis, product tax code review, and automated technology implementation.

Read More →

SaaS

Software as a Service (SaaS) in the US is a complex taxation area due to its potential for profit, despite its complexity.

Read More →

Software Companies

Software and SaaS products’ taxability varies by state, with some being considered tangible personal property and others exempt. Source Advisors helps companies navigate multistate sales tax rules, addressing challenges like sales tax audits, software implementation, and ongoing compliance.

Read More →

Auto Dealerships

Auto dealerships are a unique asset-heavy business model, with extensive investments in real estate, facilities, and equipment. For dealerships looking to optimize cash flow and reduce tax liabilities, a Tangible Property Regulation (TPR) study is a valuable strategy.

Read More →

Multi-Family Properties

Multi-family properties present unique opportunities for investors to maximize returns, not only through rental income but also via tax planning strategies. Among these, conducting tangible property regulation (TPR) studies has proven to be a highly viable and beneficial practice.

Read More →

Aerospace

Aerospace manufacturers often qualify for the R&D tax credit due to the extensive experimentation involved in developing high volume and highly complex production processes. Even aerospace companies not participating in overall product design can qualify.

Read Case Study →

Architecture & Engineering

Architecture and Engineering industries generate R&D tax credits, but design and development are complex and often involve design reviews, new processes, material experimentation, and alternative evaluation, indicating technical uncertainty.

Read Case Study →

Blockchain Development

Blockchain development is at the forefront of modern financial technology, offering opportunities for qualifying for R&D tax credits amid the surge in demand for decentralized solutions.

Read Case Study →

Chemical

Chemical manufacturers engage in a wide array of activities that can qualify for the R&D tax credit. This extends from product development and formulation to the intricate design and creation of large-scale production plants.

Read Case Study →

Construction & MEP

R&D tax credits in the AEC sector can be claimed by construction companies and MEP engineering firms, regardless of their focus on specific systems within larger construction projects.

Read Case Study →

Consumer Goods Manufacturing

Since 1981, the R&D tax credit has primarily benefited the manufacturing sector, promoting US-based research in product design and manufacturing, with consumer goods being a significant category.

Read Case Study →

Contract Manufacturing

Contract manufacturers often qualify for the R&D tax credit due to their involvement in complex production processes and extensive experimentation, rather than solely responsible for production.

Read Case Study →

Financial Services

Financial services companies qualify for R&D tax credit due to proprietary software systems, as technological advancements shift towards bespoke systems for specific needs.

Read Case Study →

Food & Beverages

Manufacturers often overlook R&D tax credit eligibility, but activities like food science initiatives, novel recipes, flavors, packaging, and food safety improvements may qualify.

Read Case Study →

Game Development

Game development is a costly and risky endeavor, necessitating additional cash flow for small-to-midsize studios, as many of their work qualifies for credit.

Read Case Study →

Life Science

The life science industry, driven by innovation, is a strong candidate for the R&D tax credit due to its innovative solutions in lab automation equipment and diagnostic testing components.

Read Case Study →

Manufacturing & Distribution

The R&D tax credit, established in 1981, benefits various manufacturing sectors in the US, including consumer goods, medical products, electronics, pharmaceuticals, automotive, furniture, and steel parts.

Read Case Study →

Metal Fabrication

The metalworking industry can qualify for the R&D tax credit, as it involves routine activities like designing and creating custom tooling, casts, jigs, dies, or production equipment, which can potentially enhance production processes.

Read Case Study →

Mortgage & Banking

The mortgage banking industry has shifted towards software development due to fragmented platforms, leading to the emergence of research and development tax credits as a tax planning strategy.

Read Case Study →

Oil & Gas

The oil and gas industry frequently benefits from R&D tax credits, requiring companies to innovate to maintain competitiveness. Entities like exploration, production, refineries, drilling contractors, and oilfield services qualify.

Read Case Study →

Pharmaceutical

The pharmaceutical, nutraceutical, and bioceutical industries can qualify for the R&D tax credit, covering both visible and less obvious aspects like support staff wages, computer leasing, and raw material costs.

Read Case Study →

Plastic Injection Molding

The plastics and injection molding industry is eligible for the R&D tax credit due to its extensive R&D activities in injection molding and plastic packaging.

Read Case Study →

Software Development

Software companies are a rapidly growing sector eligible for the R&D tax credit, ranging from software development and marketing to internal software creation for operational efficiency.

Read Case Study →

Tool & Die

Tool and die manufacturers have a unique opportunity for R&D qualification due to their specialized role in designing tools and dies, which are integral to end product manufacturing.

Read Case Study →

Apartment Buildings

Cost segregation is a tax-saving strategy in the real estate industry, particularly for apartment buildings. It involves dividing property components into distinct tax categories, allowing owners to maximize cash flow and leverage tax advantages.

Read Case Study →

Assisted Living

The assisted living industry, driven by the aging population, offers unique financial opportunities through cost segregation, a tax strategy often overlooked by owners.

Read Case Study →

Auto Dealers

Auto dealerships’ intricate service departments, specialized systems, and site improvements offer untapped financial gains, with each asset having its own distinct depreciation timeline.

Read Case Study →

Bank Buildings

Cost segregation is a tax strategy for bank buildings, dividing property into components and allocating specific values to individual assets, separating personal and real property.

Read Case Study →

Data Centers

Data centers’ specialized ecosystem offers fiscal ingenuity with intricate servers, security systems, and energy-efficient technologies, each with unique depreciation timelines due to significant capital investment.

Read Case Study →

Daycares

Daycare centers’ diverse classroom equipment and outdoor amenities offer financial optimization, with each asset having its own depreciation timeline.

Read Case Study →

Distribution Centers

Distribution centers utilize specialized systems and land improvements for financial improvement, with each asset having its own depreciation timeline.

Read Case Study →

Fitness Centers

Fitness centers offer a variety of gym equipment, wellness amenities, and modern facilities, each with its own depreciation schedule, providing untapped financial opportunities for health-conscious clients.

Read Case Study →

Grocery Stores

Grocery retail assets, including aisles, checkout counters, and cooling systems, offer hidden fiscal potential due to their unique depreciation schedules.

Read Case Study →

Hospitality

Hotel assets offer strategic financial planning opportunities, with cost segregation a key tool for hoteliers to maximize tax deductions and improve cash flow in tourist destinations.

Read Case Study →

Manufacturing

Manufacturing ecosystems involve every component, including robotic arms and machinery, offering financial optimization opportunities due to their unique depreciation timelines and untapped fiscal benefits.

Read Case Study →

Medical Buildings

Medical buildings in healthcare are complex, diverse, and specialized assets, including advanced MRI machines, surgical suites, air filtration systems, and outpatient facilities, each with its own depreciation schedule.

Read Case Study →

Office Buildings

Office buildings in commercial real estate are complex ecosystems of assets, including specialized HVAC systems, energy-efficient lighting, and advanced conference rooms with depreciation life cycles.

Read Case Study →

Restaurants

The restaurant industry’s diverse finishes, specialized equipment, and themed decor offer potential for financial enhancement, each with its own unique depreciation timeline.

Read Case Study →

Retail Shopping Centers

Retail properties offer a vast financial resource due to their diverse tenant spaces, complex systems, and unique depreciation timelines, ranging from boutiques to shopping malls.

Read Case Study →

Self Storage

Self-Storage properties, ranging from traditional garages to climate-controlled buildings, offer fiscal improvement opportunities due to their diverse facility design and depreciation schedules.

Read Case Study →

Auto Dealerships

The auto dealership industry demands effective financial management to ensure profitability, often underutilized, and utilizes the Last-In-First-Out (LIFO) inventory valuation method to improve efficiency.

Read Case Study →

Distributors

In today’s competitive market, distributors and wholesalers must employ strategic approaches like Last-In-First-Out (LIFO) inventory valuation to manage inflation and ensure profitability.

Read Case Study →

Manufacturers

The Last-In-First-Out (LIFO) inventory valuation method offers strategic advantages in manufacturing, helping businesses mitigate inflation’s negative impact on inventory costs across all sectors.

Read Case Study →

Retailers

The Last-In, First Out (LIFO) inventory valuation method is a valuable strategy in retail to enhance profitability by balancing inventory management and profit margins.

Read Case Study →

Commercial Properties

Commercial building owners can qualify for the §179D tax deduction, which offers a deduction of up to $1.80/SF for energy-efficient construction or renovation projects in various categories like office buildings, warehouses, and retail stores.

Read Case Study →

Design Firms

The primary designer of energy-efficient commercial buildings, such as schools, universities, libraries, and convention centers, can receive §179D tax deductions from government property owners, including federal, state, and local governments.

Read Case Study →

Residential Properties

§179D tax deduction allows taxpayers to deduct up to $1.80/SF for energy-efficient multifamily residential buildings, incl. high-rise towers, multi-use properties, dormitories, and 4 story apartment buildings.

Read Case Study →

Digital Goods

The digital goods industry’s rapid expansion is causing confusion about sales tax compliance, prompting companies to seek help from PMBA specialists. Sales tax compliance is complex due to state-specific definitions and taxability of digital products.

Read Case Study →

Manufacturing Companies

Manufacturing companies need to track all aspects of sales tax liability, including exempt equipment repairs and vendor certificates, to stay compliant. Source Advisors can help identify sales presence, taxability, and compliance strategies.

Read Case Study →

Retailers

Retailers facing growth face new tax responsibilities, including sales tax compliance across various channels. Tax specialists can help with nexus analysis, product tax code review, and automated technology implementation.

Read Case Study →

SaaS

Software as a Service (SaaS) in the US is a complex taxation area due to its potential for profit, despite its complexity.

Read Case Study →

Software Companies

Software and SaaS products’ taxability varies by state, with some being considered tangible personal property and others exempt. Source Advisors helps companies navigate multistate sales tax rules, addressing challenges like sales tax audits, software implementation, and ongoing compliance.

Read Case Study →

Auto Dealerships

Auto dealerships are a unique asset-heavy business model, with extensive investments in real estate, facilities, and equipment. For dealerships looking to optimize cash flow and reduce tax liabilities, a Tangible Property Regulation (TPR) study is a valuable strategy.

Read Case Study →

Multi-Family Properties

Multi-family properties present unique opportunities for investors to maximize returns, not only through rental income but also via tax planning strategies. Among these, conducting tangible property regulation (TPR) studies has proven to be a highly viable and beneficial practice.

Read Case Study →

Contact Source Advisors for a Free Assessment

Embrace the power of tax credit savings with Source Advisors and propel your business towards growth and success. Partner with us today to unlock your company’s full potential.