ClickCease

Tax Incentives for the Retail Industry

Find out if you qualify

Ready to get started? Complete the form below, and one of our specialists will contact you.

Retail businesses operate in a highly competitive, fast-changing environment where customer experience, store performance, and operational efficiency are critical to success. From opening new locations and remodeling stores to investing in technology, equipment, and energy-efficient upgrades, retailers regularly make capital investments that can create meaningful tax savings opportunities.

KBKG helps retail companies identify and maximize tax incentives related to Research and Development (R&D) Tax CreditsRepair vs. Capitalization Review179D Tax Deduction, and Cost Segregation / Fixed Assets studies.

Our experienced team works to uncover overlooked deductions and credits, improve cash flow, and help retailers fully leverage available federal and state tax benefits.

Retail Industry Tax Saving Opportunities

Cost Segregation for Buildings & Improvements

Any building acquisition or/and improvements over $1.5M should be reviewed for proper classification of the individual components for tax depreciation.

Repair vs. Capitalization Review §263(a)

Taxpayers often capitalize major building expenditures that could be claimed as current year deductions for repairs and maintenance such as HVAC units, roofs, parking lots and more.

Fixed Asset Review

Evaluating a company's entire fixed asset schedule to identify assets that can be optimized for federal and state tax purposes. Taxpayers utilizing the book method of accounting for tax are not maximizing their available deductions.

Research and Development (R&D) Tax Credit

Federal credit worth approximately 7% to 10% of qualified research expenditures related to designing, developing and improving processes, formulae, and software. State R&D tax credits may also be available, allowing eligible companies to maximize their tax benefits.

179D Incentive for Energy Efficient Buildings

Federal deduction worth up to $5.94/per square foot of energy efficient buildings. Available to architects, engineers, design/build contractors and building owners.

Retail Industry Tax Insights

MENU
REQUEST A PROPOSAL