Looking for the best professional consultancy solutions for auto dealers in Moreno Valley, California? Contact Prism Insurance Agency, Inc today to reduce your taxes and maximize your profits!
If you're an auto dealer looking to improve profits, the team at Prism Insurance Agency, Inc have the solution for you!
Prism Insurance Agency, Inc, an insurance agency in Moreno Valley, California, announced the launch of an updated range of solutions for auto dealers looking to improve their profits. The experienced insurance agents can help you take advantage of the engineering-based property cost allocation and property tax reduction programs.
For auto dealerships, reducing costs and taxes is the most convenient way to improve their profits. The newly launched consultancy solutions at Prism Insurance Agency, Inc aim to help auto dealers reduce their costs and become more successful.
In the case of engineering-based cost allocation, most taxpayers are typically correct in depreciating personal property, such as equipment and furniture over five or seven years. However, they often neglect available federal and state tax benefits by erroneously depreciating their entire investment in constructing or acquiring a building over 39 years.
The team at Prism Insurance Agency, Inc will perform a complete cost analysis and let you know how much you are being overcharged. They will also educate you about all the tax incentives available that you could qualify for. The team is able to help auto dealerships throughout the United States by working with them digitally.
The resulting cost allocation report will allow you to adjust the timing of deductions thus maximizing tax savings, create a complete audit trail to resolve any IRS inquiries, capture immediate retroactive savings on your qualifying properties and reduce real estate tax liabilities significantly.
In addition, the experienced insurance agents will help you discover if you are overcharged on your property tax bill. Usually, auto dealers are overcharged by 20% on their property taxes because of improper assessments by the municipality.
More information can be found at https://www.myprisminsurance.com/blog/automotive-dealer-tax-and-cost-reduction.aspx
A satisfied client said: "Prism insurance is such a great insurance agency. Very professional and helpful. Always available to answer my questions and help me with adding and or changing my coverage quickly and easily. They do everything for me. I just call and it's done. Highly recommend them to all my friends and family."
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