Has Your Business Gotten Its Share of the Bailout Money?
Company offers free estimates of potential tax savings and stimulus package benefits to business and commercial property owners.
Clifton Park, NY, March 30, 2009 --(PR.com)-- Amidst all of the confusion regarding “bailouts” and “stimulus packages”, Blue Coast Financial Group stands like a beacon in the fog. Blue Coast is a nationwide company that specializes in cost reduction and recovery services for business and commercial property owners. They have a staff of attorneys, engineers, accountants and researchers who dig through the complicated bills and verbiage to find how each of their clients can benefit. Their staff also keeps up to date with IRS revenue rulings to insure that Blue Coast clients are getting the maximum allowable deductions and credits on their income taxes.
According to Janet Vitek, a partner in the business, Blue Coast has two distinct areas that they zero in on to make sure that their clients keep as much of their hard-earned money as possible: the reduction, elimination or recovery of (1) income taxes and/or (2) general expenses. Vitek stated, “Our overall process is pretty simple. We visit our client site, or talk to them on the phone, and gather some initial general information…nothing that’s really confidential. For the income tax-related items, we don’t get into actual tax returns. We get the basic information about the business and property and turn it over to our researchers. Within a few days we are able to have one of our project managers on a conference call with the client to discuss our findings. If we have found tax savings, we want their CPA or accounting firm on the call. They are the trusted advisor so we need to make sure that everyone fully understands what we are recommending. It is key for our clients to know that we are not trying to replace their accountant. We simply provide the information needed in order for their CPA to take full advantage of the current tax laws. We find that the majority of accountants have some degree of knowledge about the programs that we uncover, but they don’t have the time to keep up-to-date with all the rulings….and they generally don’t have the type of expertise that the IRS may recommend for completing the work. In reality, a number of large accounting firms across the country contract with us to provide these services for their clients.”
Blue Coast’s experts work strictly within the law and, because of their unique staff and level of experience, they are able to obtain the maximum allowable deductions for their clients. Their “secret” is a combination of experience, a thorough knowledge of the laws and meticulous attention to detail. And you don’t need to worry about being audited. All of the tax work that they do is backed by full audit protection.
Ms. Vitek continued, “In addition to identifying benefits from federal, state and local government programs, we have dozens of other expense areas that we review in order to help revitalize a company’s financial picture. These range from energy efficiency to property taxes to waste management, and include almost every item on a typical business balance sheet. Some of our programs are contingency-based. We don’t collect a penny unless, and until, our client realizes some sort of savings or receives a refund. For our fee-based services, we give a complete summary of the projected savings along with the cost to our client. We don’t start any project until there is a full understanding of the costs and benefits”.
Although not everyone can benefit from their services, the initial consultation is free…so there’s no risk involved. Blue Coast can also give a preliminary estimate of savings at the end of the initial information-gathering meeting. Vitek stated, “We recently performed a study on a $40 million retail mall in Seattle, and the tax savings were in the millions of dollars. While this is not an average case, it is not at all unusual for our clients to realize hundreds of thousands of dollars in benefits…in fact our average client realizes between $150,000 and $200,000 in benefits from working with us”.
In order to get a free, no-obligation consultation, contact Janet Vitek of Blue Coast Financial Group at (518) 664-1607.
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According to Janet Vitek, a partner in the business, Blue Coast has two distinct areas that they zero in on to make sure that their clients keep as much of their hard-earned money as possible: the reduction, elimination or recovery of (1) income taxes and/or (2) general expenses. Vitek stated, “Our overall process is pretty simple. We visit our client site, or talk to them on the phone, and gather some initial general information…nothing that’s really confidential. For the income tax-related items, we don’t get into actual tax returns. We get the basic information about the business and property and turn it over to our researchers. Within a few days we are able to have one of our project managers on a conference call with the client to discuss our findings. If we have found tax savings, we want their CPA or accounting firm on the call. They are the trusted advisor so we need to make sure that everyone fully understands what we are recommending. It is key for our clients to know that we are not trying to replace their accountant. We simply provide the information needed in order for their CPA to take full advantage of the current tax laws. We find that the majority of accountants have some degree of knowledge about the programs that we uncover, but they don’t have the time to keep up-to-date with all the rulings….and they generally don’t have the type of expertise that the IRS may recommend for completing the work. In reality, a number of large accounting firms across the country contract with us to provide these services for their clients.”
Blue Coast’s experts work strictly within the law and, because of their unique staff and level of experience, they are able to obtain the maximum allowable deductions for their clients. Their “secret” is a combination of experience, a thorough knowledge of the laws and meticulous attention to detail. And you don’t need to worry about being audited. All of the tax work that they do is backed by full audit protection.
Ms. Vitek continued, “In addition to identifying benefits from federal, state and local government programs, we have dozens of other expense areas that we review in order to help revitalize a company’s financial picture. These range from energy efficiency to property taxes to waste management, and include almost every item on a typical business balance sheet. Some of our programs are contingency-based. We don’t collect a penny unless, and until, our client realizes some sort of savings or receives a refund. For our fee-based services, we give a complete summary of the projected savings along with the cost to our client. We don’t start any project until there is a full understanding of the costs and benefits”.
Although not everyone can benefit from their services, the initial consultation is free…so there’s no risk involved. Blue Coast can also give a preliminary estimate of savings at the end of the initial information-gathering meeting. Vitek stated, “We recently performed a study on a $40 million retail mall in Seattle, and the tax savings were in the millions of dollars. While this is not an average case, it is not at all unusual for our clients to realize hundreds of thousands of dollars in benefits…in fact our average client realizes between $150,000 and $200,000 in benefits from working with us”.
In order to get a free, no-obligation consultation, contact Janet Vitek of Blue Coast Financial Group at (518) 664-1607.
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Contact
Blue Coast Financial Group
Lynn Atkinson
518-664-1607
bluecoastfinancial.com/ny
Lynn Atkinson
518-664-1607
bluecoastfinancial.com/ny
Contact
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