Archive for October, 2009

For Immediate Release – October 26, 2009, Palm Beach, Florida

Engineered Tax Services is pleased to announce that Mr. Joel Ackerman, CPA has joined us as our Director for the North East. Joel is a CPA and has a Masters Degree in Tax from C.W. Post.  He is active in the local CPA community, and is on the Board of Directors for the Suffolk County chapter of the NY Society of CPAs. He has over 16 years of experience as a CPA in major regional firms.

ETS is a licensed engineering firm staffed with professionals who marry the science of engineering with the principles of tax and accounting to arrive at financial solutions that result in increased cash flow, minimized tax payments and increased return on investment. These IRS-sanctioned services include Energy Tax Credits, Energy Policy Act Certifications, Energy Audits and Carbon Audits. Our attention to detail is second to none. We meticulously follow IRS guidelines and go beyond the standards required. Our procedures, processes and final work product set the benchmarks that others strive to reach.  We look forward to working with you.

For more information, you may contact info@engineeredtaxservices.com or 1800-236-6519

For  Immediate Release – October 25, 2009 – Palm Beach, FL/Hauppage, NY – The Suffolk County Bar Association will hold their Joint Tax Committee meeting on October 29^th 2009 from 6 to 8 p.m. at the Suffolk Bar Association location. Joel Ackerman, CPA and  Director for Engineered Tax Services, will be a featured speaker at the meeting. He will address a variety of subjects, including tax trends in the current real estate market focusing on cost segregation and the true treatment of depreciation as it pertains to real estate ownership. He will also discuss in detail the EPAct extended by Congress until 2013.

Engineered Tax Services is a nationally-licensed engineering firm with professionally staffed engineers, architects and tax professionals who marry the science of engineering with the principles of tax and accounting to arrive at financial solutions that result in increased cash flow, minimized tax payments and increased return on investment and energy.  ETS specializes in providing a wide spectrum of engineered accounting solutions such as energy tax credits, cost segregation studies, energy audits, carbon footprint certification and insurance appraisals.

For more information, please contact info@engineeredtaxservices.com or call 1800-236-6519

 

 

 

Retrofits and Energy Tax Benefits to be focus of Seminar on October 21^st in San Francisco.

San Francisco, CA Oct. 20- As part of their ongoing Green Educational Forums, the Global Strategic Management Institute will be holding their first annual Sustainable Building Series Conference on retrofits this month on October 20-22, at the Missions Bay Center at UCSF in San Francisco, California. This event will address, among many other subjects, how to capitalize on the Economic Recovery Stimulus Package, financing sustainable retrofits, investing in green retrofits and updates on LEED certification. The conference will bring together a wide variety of participants, from facilities and property managers to brokers, investors, developers, planners and architects.

National Sales Director for Engineered Tax Services, Don McDougall, will be a featured speaker at the conference on October 21^st at 2:45 pm.  He will discuss the available options for achieving energy efficiency through retrofits and how to cut costs while maintaining energy efficiency when selecting and acquiring properties. Mr. McDougall will also address in detail legislative initiatives dealing with retrofits and 179D Tax Deduction/ EPACT tax benefits associated with Energy Efficient Buildings. New construction and building renovations may qualify for Federal Tax Deductions of up to $1.80 per square foot.  

Engineered Tax Services is a nationally-licensed engineering firm with professionally staffed engineers who marry the science of engineering with the principles of tax and accounting to arrive at financial solutions that result in increased cash flow, minimized tax payments and increased return on investment.  ETS specializes in providing a wide spectrum of engineered accounting solutions such as energy tax credits, cost segregation studies, energy audits, carbon footprint certification and insurance appraisals. Additional information about the conference may be found at www.engineeredtaxservices.com or by calling ETS at 1-800-236-6519.

Engineered Tax Services (ETS) is proud to announce that Julio P. Gonzalez was a featured speaker at the American Institute of Architects’ Florida 2009 Convention held in Tampa, FL on July 29 – August 1. Mr. Gonzalez, CEO, addressed the audience on how architects, engineers and contractors can benefit as the designers of constructed or renovated public buildings and turn their knowledge and application of the Energy Policy Act into a competitive advantage in the marketplace. Mr. Gonzalez’s presentation was well-received and showcased his expertise in the area of marrying the sciences of engineering and accounting to improve cash flow and the bottom line.

About the AIA Convention - The AIA Florida 2009 Convention was held at the Marriott Waterside in downtown Tampa, Florida on July 29 – August 1. The AIA Convention theme this year was Design Metamorphosis: Buildings, Boundaries and Bottom Lines. This theme was chosen to recognize the rapidly changing world and its effect on the architectural profession – the speakers and courses presented represented a variety of topics related to the theme, along the three tracks of Buildings, Boundaries and Bottom Lines. Mr. Gonzalez’s course fell into the Bottom Line category as he delved into the benefits of the Energy Policy Act and related energy-efficient incentives and deductions.

Maintaining Green Practices - To help create an environmentally sustainable convention and to reduce waste, printed handouts were not provided at the continuing education seminars. As an alternative, AIA Florida supplied all of the handouts on a USB flash drive.

About the American Institute of Architects (AIA) - Based in Washington, D.C., the AIA has been the leading professional membership association for licensed architects, emerging professionals, and allied partners since 1857. For the latest news, visit the AIA’s Pressroom. With nearly 300 state and local chapters, the AIA serves as the voice of the architecture profession and the resource for their members in service to society. They carry out our goal through advocacy, information, and community.

About Engineered Tax Services – Engineered Tax Services is a nationally-licensed engineering firm with professionally staffed engineers who marry the science of engineering with the principles of tax and accounting to arrive at financial solutions that result in increased cash flow, minimized tax payments and increased return on investment.  ETS specializes in providing a wide spectrum of engineered accounting solutions such as energy tax credits, cost segregation studies, energy audits, carbon footprint certification and insurance appraisals.

CONTACT:

Julio Gonzalez

Engineered Tax Services

Office: 1.800.236.6519

Cell: 561.358.7858

email: jgonzalez@engineeredtaxservices.com

website: www.engineeredtaxservices.com

Red Moon Solutions® Fixed Assets Manager™ Powers Cost Segregation Studies

Red Moon Solutions and Engineered Tax Services, Inc. Partner to Offer Superior Cost Segregation Studies

West Palm Beach, September 29, 2009 – Red Moon Solutions, a premier provider of specialty tax software solutions, announced that Fixed Assets Manager, its top-rated fixed asset management software, was selected as the fixed asset management tool of choice by Engineered Tax Services, Inc., an engineering, tax and accounting consulting services firm (or group).  This alliance unites the best of both worlds; combining the comprehensive tax depreciation calculations and reports of Red Moon Solutions’ Fixed Assets Manager, and the expertise of the Engineered Tax Services’ engineers and tax professionals to provide the ultimate results for ETS’ detailed Cost Segregation services.

Putting the Time Value of Money to Work for Corporation:

A detailed cost segregation study allows corporations to “free” the money trapped in the walls of their properties to realize immediate cash savings, ETS will complete a detailed engineering projection to take the construction and accounting records and break down the per unit costs of the assets and then to properly classify the assets as Sec 1245 or Sec 1250 Property.  Once the breakdown is complete, the engineering data is uploaded into Fixed Assets Manager for detailed before and after tax depreciation calculations and report generation.  A 481 Adjustment Report is also generated (on the assets) to compare the before and after amounts and estimated tax savings.  Further, projections are prepared to show the client the first five years and how much accelerated depreciation can affect cash flow immediately.  ROI is constructed and documented.

“Red Moon Solutions seems like a perfect fit with ETS.  The ability for their team to quickly and efficiently automate the data loads, calculations and reports allows us the ability to provide summary and detailed asset reports to our clients so that they can begin to immediately reap the cash flow benefits. ,” states Kim Zillman, Senior Account Executive, Engineered Tax Services.  “We selected FAM because of its superior comprehensiveness, and the ability to turn around detailed depreciation reports so quickly. The synergy created in partnering FAM with our expertise creates a superior cost segregation studies solution; which shows companies how they gain significant advantages. adds Zillman.

“We are excited to be a component of Engineered Tax Services’ superior cost segregation studies solution,” comments Kelley Lear, Managing Director, Red Moon Solutions.  “In today’s economic climate, real cash savings are key!,” Adds Lear.

To learn more on how this ultimate Cost Segregation solution can help you eliminate overpaying in taxes, contact Kelley Lear at 941.379.7108 or visit the Red Moon Solutions website. 

About Red Moon Solutions
Red Moon Solutions takes pride in solving unique challenges for today’s tax professionals.  Founded by the former CIO and head of Tax Technology Enterprises for Andersen, Red Moon Solutions provides specialty tax products and services.  Its solutions, Like-Kind Exchange Matching™ and Fixed Assets Manager™ (FAM), were built to support the tax practice of Arthur Andersen.  FAM offers a way to track high volumes of assets, improve control, and ensure that financial and tax depreciation is up-to-date.  Two tax process automation tools, eTaxPortal and eTaxCalendar, along with PowerOLAP™, a cost effective business intelligence tool, are exciting new additions to the Red Moon Solutions portfolio. Red Moon Solutions is an SAP-certified integration partner.

About Engineered Tax Services

Engineered Tax Services is a licensed professional engineering & consulting firm dedicated to “Green” services nationwide providing energy tax certification studies, green construction audits, total energy & environmental solutions including emissions management, commercial insurance appraisals, R & D tax credits, client reserve studies, property tax appeals and engineered based cost segregation studies.  They marry the science of engineering with the principles of tax and accounting to arrive at financial solutions that result in increased cash flow, minimize tax payments and increased ROI. These IRS sanctioned services include Cost Segregation Studies, Energy Tax Credits and Deductions, and Development credits.

For more information regarding this press release, please feel free to contact Julio Gonzalez, CEO of Engineered Tax Services at 1-800-236.6519 or visit their website at www.engineeredtaxservices.com.

Press Release – WEST PALM BEACH, FL – October 10, 2009

“Radio Green Earth,” Florida’s first and only all-environmental radio show is moving to Public Radio on NPR Florida affiliate.  On November 1^st, “Radio Green Earth “will begin broadcasting every Saturday from 5:00pm to 6:00pm NPR.

Introduced in January 2009, the show is owned and produced by the Green Earth Environmental Education Foundation and affiliate Eco Advisors. The show is sponsored and co-hosted by Engineered Tax Services (www.engineeredtaxservices.com). “Radio Green Earth” helps listeners become more informed on sustainable business practices, how to reduce their environmental footprint, and live more eco-responsible lifestyles. We do this through interviews with the industry’s best: government policymakers, educators, scientists, authors, top vendors, and experts.

Julio Gonzalez, CEO of Engineered Tax Services, states that Radio Green Earth’s format allows us to bring awareness in environmental sustainability news through air waves on public radio”, says Mr. Gonzalez.

Engineered Tax Services is the premier firm in the United States marrying the science of energy engineering and architecture with the principles of tax and accounting to arrive at financial solutions that result in increased cash flow, minimized tax payments and increase return on investment and return on energy. ETS provides IRS sanctioned services to include engineered based Cost Segregation Studies, Energy Tax Credits, Historical Tax Credits, Insurance Replacement Appraisals and Property Tax Appeals. For more information regarding this press release, please feel free to contact Engineered Tax Services at 1-800-236.6519 or visit their website at www.engineeredtaxservices.com.