HOUSTON, June 12, 2017 /PRNewswire/ — alliantgroup, a leading tax consultancy and the premier provider of specialty tax services, is proud to announce its new strategic business partnership with the Association for High Technology Distribution (AHTD).
AHTD is devoted to enhancing the productivity and efficiency of high technology automation solution providers and manufacturers. The organization seeks to deliver the tools that will help their members innovate as well as achieve their business goals. Through this strategic business partnership, alliantgroup will be able to provide significant value to AHTD members and help these businesses identify and claim valuable tax credits and incentives.
“AHTD is honored to welcome alliantgroup into the Strategic Business Partner Program,” said Thomas Swenton, AHTD President. “The program was put together to allow our member companies to connect with organizations that have the potential to add a strategic product or service value to our members’ organizations and businesses. We look forward to having alliantgroup participate in the Strategic Business Partner Program.”
As leaders in the high-tech automation industry, AHTD members are excellent candidates for a number of federal and state tax incentives. Among the most robust of these incentives available for AHTD members is the Research and Development (R&D) Tax Credit—a federal, dollar-for-dollar tax credit that brings in an estimated $10 billion annually to U.S. businesses.
The R&D Tax Credit is designed to reward companies that are making technical improvements to their products or processes. In the automation industry, it is the enhancements made to automated processes—programming, engineering or other technical work done on the factory floor to enhance the efficiency or productivity of an automated or industrial process—that will lead to R&D Tax Credit qualification for companies in the automation industry. For automation solution providers and manufacturers that develop their own automated systems, the R&D Tax Credit is a substantial opportunity—one that is designed specifically to help these innovative companies grow and remain competitive within the broader economy.
“I am honored that AHTD has chosen us as a strategic business partner for their organization,” said Dhaval Jadav, alliantgroup CEO. “I look forward to introducing their members to these fantastic credits and incentives and the value we can provide for their members.”
alliantgroup is a premier specialty tax services consultancy that helps American companies and their CPA firms in identifying and properly claiming all available federal and state tax incentives. Headquartered in Houston, Texas, and with offices in New York, Chicago, Boston, Sacramento, Orange County, Indianapolis, Orlando, and Washington, D.C., the firm has helped businesses from across the country claim over $5 billion in tax incentives. For more information, please follow alliantgroup on Facebook and Twitter.
AHTD advances the high technology distribution industry by delivering tools, education and unparalleled networking opportunities with leaders, peers and partners that help members to innovate, collaborate and achieve their business goals faster. AHTD is comprised with nearly 300 automation solution provider and manufacturer members who deliver technology-based products, services and solutions to the automation marketplace.
For more information on our tax consulting services, please contact Jennifer Groff at 844.564.0064 or email [email protected].