Our STRYDE Program

Bill Kinder & Associates is partnered with a company that is helping West Virginia businesses receive over $8M to date in specialized tax incentives. Our focus is to bring seemingly complex specialized tax incentives to small and midsize business owners, without the hassle. We provide our clients with the highest industry-recognized level of service and a single solution to capture the broadest range of federal, state, and local tax credits and incentives. 

Our team understands the value of your time, and will work quickly to determine which programs you may qualify for. In as little as 15 minutes we can determine if you qualify for any programs, and even provide an estimate of how much benefit your business may be looking at. A quick call to 304-250-0250 or email williamdkinder@yahoo.com can start the process.  

Below are the tax categories we specialize in for credits and incentives, as well as industries. Many companies will qualify for all categories while some may only qualify for one. If we do not find a savings, you pay NO fees!

Tax Categories

Cost Segregation of Commercial Property

Cost Segregation Studies are one of the most overlooked programs for businesses nationwide and yet the most powerful benefit to commercial property owners. This tax planning strategy identifies and maximizes a client’s tax benefits by accelerating depreciation deductions and deferring tax payments on commercial property.

“Cost Segregation Studies are a lucrative tax strategy that should be considered in almost every real estate purchase,” according to the U.S. Treasury Department.

We provide a no-risk upfront assessment to determine if clients qualify. Our team of tax professionals, structural-design experts, and engineers identify and re-classify commercial building component expenses. This reclassification results in significant cash flow benefits in both present and future years through considerably shorter depreciable tax life and accelerated depreciation methods. An average Cost Segregation Study offers approximately $150,000 in additional depreciation per $1 million dollars in purchase or construction cost over the normal 39 year straight line method.

Note that these studies are not limited to new buildings or new renovations. Over 75% of our projects are on older properties using the “catch up” method which can produce significant results. Countless building owners are missing out on this powerful tax savings strategy.

An initial consultation, along with a feasibility report, is conducted to determine the cash flow and net present value (NPV) benefits. The consultation allows our professionals to evaluate your current tax status and your future business plans along with your CPA to determine if a study would be of benefit. The result is an instant tax benefit to the client to offset any taxes they owe or provide much needed cash flow to the business.

R&D Tax Credits

The Research & Development Tax Credit is an opportunity available to many small and medium sized companies whose activities include design, manufacturing, and process improvements. Companies that qualify for this program get significant tax credits based on activities related with developing or improving a product and/or process.

Our team of highly qualified professionals, which includes Intellectual Property attorneys with engineering backgrounds, adheres to the Comprehensive Project by Project Approach methodology required by the IRS. By following this methodology, we qualify every applicable employee, activity, hour spent, and corresponding wage paid to maximize the incentive for each business owner. The best part is this service pays every single year with major benefits.

The benefits of having an R&D Tax Credit Study performed would be: 

• Dollar-for-dollar credit against taxes owed or previously paid. 

• Carry forward credit for future profitable years. 

• Immediate increase in company cash flow. 

• Credit average is over $25,000 per $1,000,000 in total company payroll. 

An initial consultation is done over the phone with one of our R&D Specialists to identify potential Qualified Research Expenditures (QRE). No fee is charged until credits are identified and utilization is verified with the client’s accounting representation.

Employee Retention Tax Credits (ERC)

The Employee Retention Tax Credits (ERC) is an IRS tax credit designed to help small businesses (profit and non-profit) retain their employees during these difficult times. The credit is normally claimed on your federal employment tax returns using Form 941, Employer’s Quarterly Federal Tax Return. Even if your business received the PPP loans it may still qualify 

Who is Eligible 2020: Your operations were partially or fully suspended as a result of orders from a government authority due to COVID-19, OR you experienced a decline in gross receipts by more than 50% in one quarter compared to the same quarter in 2019. 

Who is Eligible 2021: Your operations were partially or fully suspended as a result of orders from a government authority due to COVID-19, OR you experienced a decline in gross receipts by more than 20% in one quarter compared to the same quarter in 2020 or 2019. 

An amendment can be made to your Form 941 if determined you qualify after you have filedContact us to get your ERC tax credit started today.

Per the IRS: “An employer receiving a tax credit for qualified wages, including allocable qualified health plan expenses, does not include the credit in gross income for federal income tax purposes. Neither the portion of the credit that reduces the employer’s applicable employment taxes, nor the refundable portion of the credit, is included in the employer’s gross income.”

Hiring Tax Incentives

WOTC stands for the Work Opportunity Tax Credit and is not one but several tax credits given to employers at a Federal level for hiring qualified employees. Annually, employers claim over $1 billion in tax credits under this program. There is no limit on the number of individuals an employer can hire to qualify to claim the tax credit. 

The average benefit per employee is $2,400 and can be as much as $9,600. That means potentially 10 qualified employees could yield a federal income tax credit between $24,000 – $96,000. Additionally, WOTC credits may be carried back one year and carried forward 20 years. 

Historically the steps necessary to qualify for the WOTC have been time consuming and burdensome. Our partner uses a proprietary technology process that relieves the employer of 90% of this burden. The process automates most of the steps involved in prescreening and certifying candidates before hiring, as well as streamlining the submission of required documentation to State and Federal agencies. 

An initial consultation using our proprietary software is conducted to determine the potential benefit. The consultation allows our professionals to evaluate your status and recommend the best course of action to claim the tax credits that belong to you.

Property Tax Mitigation

Outside of income taxes, the single largest recurring charge for commercial property owners are Property Taxes. In most states, owners are required to pay taxes on both their real estate as well as their personal property. These charges are often an immense expense and a constant hit to the bottom line. 

Our experienced team of professionals in mitigation, valuation, assessments, and law will work on your case to identify any potential opportunity for refunds and/or reductions in your current property taxes. We perform all the work on your behalf until savings are captured, including partaking in hearings and filing necessary paperwork. We act as an extension of your company toward the governing property tax bodies.

The immediate benefit is the reduction of taxes owed and the potential of refunds on prior taxes paid. The future benefits would similarly be a reduced tax burden going forward, producing an increased cash flow for your business. 

A simple contingency engagement with us will get the ball rolling. We will collect your most recent property tax assessment as well as an authorization for us to work on your behalf. We then go to work for you! When we procure a savings/refund for you, our fees will simply be a percentage of what you receive as a result of our work. 

Credit Card Merchant Audit

Our Credit Card Audit focuses solely on expense reduction within the payments industry. Our Credit Card two-phase approach to expense reduction is unparalleled in the payments industry. We correct the processing plan to reflect the most competitive plan type and rate. Our team then works with the client to further reduce the nonnegotiable fees through processing optimization, where we can help qualify payment transactions at lower interchange rates by passing through additional processing data. 

Merchants Realize an Average Savings of 21% on Processing Fees

We start by auditing a few recent merchant service provider statements and deliver an easy-tounderstand analysis – at NO obligation and with NO cost to you. After reviewing the results of our payment processing audit, you decide if you would like to engage our services. We then go to work on your behalf, with your existing merchant service provider, to reduce the payment processing fees tied to credit card transactions. Our success is based on measurable results, and our fees are only a percentage of your savings. 

Workers’ Comp Insurance Audit

Our WorkCompAudit identifies and recovers workers’ compensation premium overcharges by reviewing the past five to seven years of classifications, experience rating calculations, and premium audit calculations.

Our experience indicates that over 70% of all companies have been or are currently overcharged for their workers’ compensation premiums.

We review current and expired workers’ compensation policies, locating technical mistakes and rule violations that cause overcharges. We correct the errors, producing cash refunds from past policies and/or reduce current premium costs. Our independent review often produces savings on future policies as well.  

WorkComp Premium Recovery Group works solely on a contingency fee basis. No Recovery, No Fee. WorkComp Premium Recovery Group has no connection with any insurance agency or insurance carrier. We are truly independent workers’ compensation premium consultants. There is never a need for a company to change insurance agents or insurance companies to take advantage of our services. 

We start by getting a quick snap shot of the client’s information and gathering documentation to perform the audit.

Business Owners: Like To Add An Average of $50,000 Or More To Your Bottom Line Every 12 Months?

… Without Doing Anything More Than You’re Doing Right Now?

It’s no secret that most small business lose 100s of $1,000s of dollars each year through their overpayment of bills, taxes, unauthorized fees and various erroneous charges. For most CEOs, this money is simply written off because they either don’t have the time, labor power and/or expertise to find all of the places in their business where they are losing money unnecessarily or should be saving. As a result, millions of dollars are lost every year by small business owners in the U.S..

At Bill Kinder & Associates, we understand the needs of busy CEOs and have devised a time tested, business proven solution to solve this problem. We’ve formed an affiliation with Stryde Solutions. Our Stryde program specializes in Tax Incentive programs, Workman’s Compensation Audits, Expense Reduction Audits, Credit Card Merchant Audits, Property Tax Mitigation and more. Our team of expert auditors does the leg work and finds you $1,000s of dollars in not only savings yet also refunds.

Learn more about our Stryde Program

We designed our program to be simple, straight forward and effective. To date, the Stryde program has captured over $300M in benefits for clients.

How Much Does It Cost?

We offer our services on a contingency basis. This means you pay us noting up front. Simply put, if we don’t find savings or a benefit for you and your business then there’s no fee. When we do find savings, refunds, etc. then our fee is assessed as a fraction of the benefit or savings.

Pop Quiz: Is It Worth A 20 Minute Consultation To Save $1,000s Each Year?

Stop losing money and overpaying other companies and the government unnecessarily. Keep your company’s revenues and hard-earned money in your own pocket.

Learn more about our Stryde Program