You probably don't need to hear this, but energy costs are steadily rising for just about everyone. All of this energy consumption also has a negative impact on the environment. As part of their efforts to reduce energy costs and help the environment, the government has introduced Green tax credits to give businesses and incentive to adopt more efficient energy practices into their daily operations. These credits really do provide a win-win situation, as companies can save money and help to reduce the negative impact on the environment. Lots of companies are eligible for these credits, but it often takes the assistance of a Fort Lauderdale CPA to help you determine just how much of a savings you are eligible for.
You don't have to be a crusader for the environment for your company to take advantage of these tax credits, either. Simple steps add up and the government understands that companies can't totally overhaul the way they do business. Every little bit helps, though, and you may already be eligible for some big savings on your tax return and not even be aware of it. Consulting with a Fort Lauderdale CPA is the best way to determine what steps you have taken over the past year that may earn you some additional rebates on your taxes this year.
Don't assume that you haven't done anything worthy of getting these kinds of tax breaks. Even if your company just installed new, energy efficient appliances or updated your cooling system to a more efficient model, you may already be eligible for some Green tax credits. Take time to work with your financial professional to see how much you can save with some very simple steps.