Case Studies - Advanta Tax Advisors, LLC

Case Studies

R&D Case Studies

Aerospace

Commercial satellite service provider developed next generation satellite platform as well as new and improved networks for communication needs
Revenue $2,472,400,000, one year federal and state credits of $1,805,033

Software

Company developing technology and analytical processes to connect consumer products companies and retailers
Revenue $249,100,000, net one year federal and state credits $275,996

Manufacturing/Engineering

Company designs and manufactures communication towers and steel poles for energy transmission and distribution
Revenue $369,183,200, net one year federal and state credits $389,500

Medical Devices

Developer and manufacturer of medical devices.
Revenue of $27,000,000, federal and state credits for one year of $197,682

Agriculture

Grower and packager of produce improving transplanting processes, developing new products and developing a new software system.
Revenue $114,000,000, one year federal and state credits of $205,544

Medical Devices

Start up developer of medical devices.
Revenue of $1,300,000, federal and state credits for one year of $99,535

Architectural/Engineering

Firm providing building design, bridge design, structural evaluations
Revenue $112,294,318, net federal and state credits $1,375,796

Plastic Injection Molding

Company designing and producing complex rather than commodity type plastic injection molded pieces
Revenue $13,196,151, net federal and state credits $44,206

Compounding pharmacy

Developed new manufacturing processes as a result of the Drug Quality and Security Act of 2013
Revenue 5,437,389, net federal credit of $162,372

Hardware/software

Developing 3D dimensioning technology to provide fast, any shape dimensions
Revenue $13,078,731, net federal and state credit $153,712

Citrus Processing

Coop processing citrus fruit to juice, pulp and animal feed
Revenue of $473,532,979, federal net tax credit of $95,581 at coop level

Textiles

Improvements to textiles, to improve performance, chemistry changes to meet EPA requirements
Revenue $563M, federal and state credits for one year $677,100

Chemical

Company develops innovative chemical extraction and process solutions for oil and mining, industrial and pulp and paper industries
Revenue of $1B, federal and state credits for one year of $439,176

Transportation and logistics

Software development to track assets and improve efficiency
Revenue $64,701,171, net federal and state credit $464,959

Cost Segregation Case Studies

New medical office building

Construction cost of $11,900,000
Cash benefit of $498,000 for accelerated deductions

Building Renovation

Renovation cost of $1,232,278
Cash benefit of $130,259 for accelerated deductions

Grocery store renovation

Renovation cost of $1,752,612
Cash benefit of $196,756 for accelerated deductions

M&E Case Studies

Accounting firm

  • Total M&E expenses for one year - $15,121,170
  • Client currently deducted 50% or $7,560,585
  • M&E study results in deductions of $9,731,375 or an increase of 28.7%.

Manufacturing

  • Total M&E expenses for one year - $2,556,678.
  • Client currently deducted 50% or $1,278,339
  • M&E study results in deductions of $1,558,461 or an increase of 22%.

Co-op

  • Total M&E expenses for one year - $768,703.
  • Client currently deducted 50% or $384,351
  • M&E study results in deductions of $494,639 or an increase of 15%.

Section 199

Domestic Production Activities Deduction

Manufacturing

Innovative Food packaging
Revenue $144,456,748, Sec. 199 DPAD of $577,040

Engineering

Engineering firm with global activities
Revenue $4,509,259,940, increase in Sec. 199 DPAD from $7M to $28M.

Manufacturing

Manufacturer of clamps with part of process in Mexico and part in US
Revenue $118,455,277, Sec. 199 DPAD of $1,090,380