Tax strategies tailored to meet your needs
CLA helps you understand how to translate tax planning and preparation into financial strength.
We’re committed to addressing what matters most to you:
- Increasing cash flow and earnings by using federal tax credits and planning
- Capturing clean energy tax credits and deductions
- Reducing taxes through accounting and inventory method changes
Experience our client-focused approach
Working with a tax professional year-round can help you make sound financial decisions as issues arise. CLA’s federal tax strategies team works with clients to identify, develop, and implement tax savings opportunities. Our team has deep experience across a broad spectrum of industries and is up to date on the latest tax changes and their implications.
Federal tax services, credits, and incentives
- Inflation Reduction Act credits and incentives
- Research and Development (R&D) Tax Credit
Calculate and support federal and state credits for which your company qualifies. - Cost segregation/fixed asset studies
Depreciate your assets over the shortest possible tax lives. - Section 45L: Energy Efficient Home Credit
Owners and developers of energy efficient residential units (apartments, student housing, or assisted living facilities) may be eligible for up to a $5,000 tax credit per unit. - Section 179D: Energy Efficient Commercial Building Deduction
Building owners and designers of government buildings may qualify to claim deductions for expenses that were incurred by installing energy efficient components. - Accounting method and inventory analysis
Defer income and accelerate deductions by evaluating and implementing appropriate accounting and inventory methods. - Section 1031 like-kind exchanges and Delaware Statutory Trusts (DSTs)
Section 1031 like-kind exchanges are an excellent tax deferral strategy for real estate owners, developers, investors, and closely held businesses. - Tangible property regulations review
Reduce tax liability and improve cash flow by properly classifying expenditures. - Other workforce and investment credits