Polston Tax offers accounting and tax solutions tailored to the technology industry. We personalize our recommendations and strategies to satisfy the unique requirements of businesses in software development, fintech, cybersecurity, managed IT and other tech industry sectors. We have over 20 years of experience providing tax and accounting services that have evolved alongside the technology industry. Partner with Polston Tax to experience services that have benefited tech companies nationwide.
Reduce the amount owed on your taxes each year with our tax return preparation services. We work with businesses in information technology (IT). Our knowledge enables us to find credits that reduce your amount owed.
You may qualify for a research credit if you work in technology development. The incentive may cover activities like developing new cybersecurity techniques or creating the back-end and front-end architecture for new web projects. It could also act as a cloud computing credit.
Other reductions support IT/technology companies that advance their company and employees, including:
More federal opportunities include an investment reduction for companies that invest in qualifying projects, including energy. An IT or technology company might earn an energy efficiency credit by establishing renewable energy for data centers or buying more energy-efficient IT equipment.
State-specific reductions cover areas like:
Some incentives for job creation apply particularly to IT and technology jobs since these industries can bring significant value to the state. For example, a software development credit applies to firms that create at least five net new jobs in New York under the Excelsior Jobs Program. Other industries must develop many more jobs to be eligible for reductions.
Our accountants apply their financial expertise to the context of various technology industry businesses, enabling efficient, compliant bookkeeping processes. We help clients navigate accounting challenges unique to the tech industry, such as subscription revenue reporting, research and development budgeting, employee cost tracking and financial data compliance.
Partner with us for end-to-end solutions that will align your company with generally accepted accounting principles (GAAP) and provide greater financial insight.
In the technology industry, efficiency and innovation reign supreme. Your organization goes to great lengths to develop new efficiency tools and enhance internal efficiency along the way. While the development and implementation of technology are at the heart of your business, functions such as accounting and bookkeeping require consistent effort. At Polston Tax, we help technology industry clients focus on their craft by providing comprehensive accounting for tech companies.
At Polston Tax, we can help you meet tax obligations and find opportunities to reduce the amount you owe each year. Partner with us for technology advisory services that optimize your tax situation.
Our accountants understand the state and federal taxes that apply to the technology industry and how they intersect. We can analyze your revenue and expenses to determine efficient tax reporting strategies. We can also identify the deductions and incentives available to your business and help you capitalize.
Additionally, our tax return preparation services will ensure you provide the Internal Revenue Service (IRS) and state tax commission with accurate financial information ahead of deadlines.
The tech industry’s numerous tax obligations create stringent parameters for its businesses. Tax agencies may impose penalties when a tech company owes more than it paid or misses a due date. If your business has received a tax balance notice from the IRS or state tax commission, Polston Tax can provide crucial support.
Our extensive tax resolution capabilities range from audit preparation to appeals, litigation, penalty abatement and repayment strategies. We work directly with the IRS to advocate for your business and reduce tax debt. With our tax resolution services, you can achieve a manageable solution:
Our accounting and tax law professionals will work closely with you to form plans that create the results you need in a way that accommodates your most specific circumstances. As our partner, you will receive:
If you work in the tech industry and want reliable, experienced professionals to help you navigate taxes, turn to Polston Tax. We encourage you to contact us online to begin planning your accounting and tax strategies today.
