Our Services
Our Services
Welsh Advisors' services are focused on incentives designed to help your business succeed. Our value add is a streamlined process with experience and expertise across many industries. We work on tax credits and incentives for clients in all 50 states and Canada.
The Welsh Advisors' research & development tax credit service applies to companies of all sizes. Many business activities qualify for the research credit including:
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New or improved product development.
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Changing production processes & techniques.
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Designing production or manufacturing facilities and plants.
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Prototype development.
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Technology improvements & development.
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Patent activity.
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Modifying or improving formulas.
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Testing new compounds, material and products.
For a list of popular industries please click here.
Buildings default to 27.5- or 39-year depreciation. A cost segregation study breaks the property into its actual components and reclassifies qualifying items — specialty electrical, flooring, cabinetry, site work, landscaping, parking — into 5-, 7-, and 15-year lives. The result is accelerated deductions in the years you own the property rather than decades out.
Already own the building? A look-back study captures every year of missed depreciation as a catch-up adjustment on your current return, no amendments needed.
Our studies are engineering-based and documented to IRS Audit Techniques Guide standards. We'll estimate your benefit before you commit.
For more information please click here.
If you operate a restaurant, barbershop, hair salon, nail salon, spa, or esthetics practice, you may be leaving money on the table. The FICA Tip Credit (Section 45B) allows employers to claim a federal tax credit for the Social Security and Medicare taxes paid on employee tips. Thanks to the One Big Beautiful Bill Act (OBBBA), signed into law in 2025, this credit has been permanently expanded beyond the food and beverage industry to include beauty and personal care businesses where tipping is customary. We help eligible businesses identify qualifying tip income, calculate the maximum allowable credit, and properly file to reduce your tax liability.
For more information please click here.
States provide businesses grants to train and improve the job skills of new and existing employees. California alone will provide $30 Million in grants for the 2024/2025 fiscal year. Businesses that train new hires and current employees (including retraining) qualify for the grants. Reimbursement will include a portion of your employee’s wages and training costs.