File Your BOIR By March 21, 2025 12:00AM
00
Days
00
Hours
00
Minutes
00
Seconds

Fixed Asset Management

Accurate tracking and management of your fixed assets is crucial for any business. These long-term investments, like property, equipment, and vehicles, represent a significant portion of your balance sheet and can have a major impact on your financial health.

At Strategic Tax Planning, we understand the complexities of calculating fixed asset accounting and depreciation. 

Schedule a free call
​​

Fixed Asset Management

Accurate tracking and management of your fixed assets is crucial for any business. These long-term investments, like property, equipment, and vehicles, represent a significant portion of your balance sheet and can have a major impact on your financial health.

At Strategic Tax Planning, we understand the complexities of calculating fixed asset accounting and depreciation. 

Schedule a free consultation
No items found.

Maximize Your Return on Investment with Our Services

  • Fixed Asset Inventory and Tracking: From equipment and machinery to furniture and vehicles, we track all your fixed assets. This ensures accurate depreciation calculations and minimizes the risk of loss or misplacement.
  • Depreciation Calculation: We follow depreciation regulations, ensuring you use the most advantageous methods for each asset. Our team can handle complex calculations including bonus depreciation, MACRS, and straight-line methods to optimize your tax deductions.
  • Cost Recovery Optimization: We identify new opportunities to claim tax deductions for qualified tangible property, research and development costs, and other eligible expenses.
  • Compliance and Reporting: Our team can ensure that your records comply with all relevant accounting and tax regulations. We will assist you in preparing accurate and timely financial statements and tax returns.
Image of desk with paperwork and a laptop

Maximize Your Return on Investment with Our Services

  • Fixed Asset Inventory and Tracking: From equipment and machinery to furniture and vehicles, we track all your fixed assets. This ensures accurate depreciation calculations and minimizes the risk of loss or misplacement.
  • Depreciation Calculation: We follow depreciation regulations, ensuring you use the most advantageous methods for each asset. Our team can handle complex calculations including bonus depreciation, MACRS, and straight-line methods to optimize your tax deductions.
  • Cost Recovery Optimization: We identify new opportunities to claim tax deductions for qualified tangible property, research and development costs, and other eligible expenses.
  • Compliance and Reporting: Our team can ensure that your records comply with all relevant accounting and tax regulations. We will assist you in preparing accurate and timely financial statements and tax returns.
Image of desk with paperwork and a laptop

Unlock Your R&D Tax Credits

You're already investing in groundbreaking work. Let us turn those investments into a significant financial return. We specialize in navigating the complexities of the R&D tax credit, making the process simple and rewarding for you. Our expert-led approach ensures you not only maximize your claim but also receive the robust documentation to back it up.
Blue icon describing analytics.
Step 1: Discover Your Opportunity

Let's find out what you're owed—at no cost. In a brief, confidential consultation, we'll learn about your projects and goals. This allows us to identify your qualifying activities and calculate a reliable estimate of your potential tax savings.

Step 2: See the Full Picture

Using the information gathered, we’ll deliver a detailed Scope of Work that presents a clear strategy. It includes your refined credit benefit estimate, our precise methodology for the study, and a full breakdown of the project timeline and associated fees. No surprises, just a clear path forward.

Step 3: Secure Your Savings

We partner with your team to perform a thorough R&D study, documenting all qualifying activities and costs. The result is
an ironclad claim and a complete substantiation package designed for audit defense, allowing you to claim your credits with total confidence.

Accountant sitting at her desk focused on her computer

Get Your Fixed Assets in Order

Choosing Strategic Tax Planning for your fixed asset management needs comes with a clear advantage. You gain a team of licensed CPAs and tax professionals who will tailor their services to your specific business. 

Ready to Estimate Your Savings?

Discover your potential savings with a free, no-obligation estimate. Our R&D questionnaire helps you determine how much your business could save.

A placeholder image
Learn About Partnering With Our Team

The Corporate Transparency Act is in effect. You can get started today by signing up to be notified for updates or by partnering with our team to proactively review your clients' business structures and tax planning strategies.

Schedule a free call
​​

FAQs

Unclear about our service? Dive into our FAQs for clarity and keep the questions coming.

What types of fixed assets do you manage?

We handle all types of tangible and intangible assets, including buildings, equipment, machinery, vehicles, software licenses, and intellectual property.

Can you help my business set up a fixed assets tracking system?

Yes, we can recommend and implement the right system for your business, ensuring accurate record-keeping and location tracking.

What are the benefits of property depreciation management?

Maximizing allowable deductions, minimizing tax liabilities, and ensuring accurate financial reporting are just some of the key benefits.

View Insights From Our Team

Explore our curated list of downloadable PDFs and other resources for more information. 

SALT Deduction Relief: Big Changes from the One Big Beautiful Bill

The One Big Beautiful Bill (OBBBA) significantly increases the state and local tax (SALT) deduction cap, providing relief for taxpayers, especially in high-tax states.

Trump Accounts: A New Financial Head Start for American Families

Trump Accounts offer a new way for families to provide a financial head start for children born between 2025 and 2028, combining government funding, tax advantages, and ongoing contributions.

Small Strategies That Add Up: Tips, Overtime, and Other Planning Opportunities

Smaller, often overlooked, tax strategies can lead to significant savings. Beyond the major changes introduced by the One Big Beautiful Bill, several planning opportunities for 2025 are worth considering.
A placeholder image
Contact us
Get Started Today

Do you have questions for tax professionals?

You can fill out the form for a free consultation to learn more about how we can help you achieve your financial goals.

Call Now - (202) 455-6010
Schedule a free consultation