Focus on your core medical services while Prism Insurance Agency helps you plan your tax liabilities and execute a perfect strategy that cuts costs and expenses while maximizing tax savings.
Are you a medical or healthcare professional looking for ways to lower your overhead costs? Do you need professional assistance to understand how you could save money through state and federal tax incentives? Call Prism Insurance Agency for innovative tax incentive planning.
The Inland Empire, CA insurance agency has introduced a special healthcare tax incentive program to help you avail the maximum possible tax benefit for your practice. Prism Insurance Agency is able to help you take advantage of tax incentives from the Energy EPAct / 179d to Engineering-based Property Cost Allocation to WOTC and thousands of incentives in between.
Prism Insurance Agency estimates that the average benefit available to a qualifying medical or dental practice is $160,000. However, California's limitation on SALT (State And Local Tax) deductions can place a significant financial burden on your healthcare practice. By utilizing their software to search for incentives hidden within the complex tax code, they are able to save physicians, dentists, chiropractors and general practitioners tens of thousands of dollars within their medical practice.
High tax brackets for medical practitioners in California and elsewhere make it essential for you to carefully plan your tax liabilities.
Experienced insurance consultants working out of Moreno Valley CA help you qualify for specialized tax incentives that reduce overall costs. You can now avail yourself of tens of thousands of dollars in tax incentives if you own commercial property, directly employ U.S. staff, pay property or Federal income tax. Other criteria that can help increase the incentives include the installation of energy efficiency upgrades and equipment upgrades.
Prism Insurance Agency performs a complete analysis of tax incentives available to your healthcare business in Southern California or elsewhere in the United States. Qualifying practices include physicians, dentists, orthodontists, surgeons, dermatologists, therapists, and General Practitioners. Eye care centers and medical imaging facilities also qualify for tax incentives.
During the COVID-19 crisis, Prism Insurance Agency recommends that you take a moment to learn about the money your practice could be saving and the incentives you could take advantage of to help survive and thrive. The agency continues to support your healthcare business as you support critical healthcare in your local community.
Prism Insurance Agency is a full-service independent insurance agency in Moreno Valley with more than 10 years' experience in specialized insurance products, innovative tax planning and cost reduction services. The agency offers reliable auto, home, life, general liability, workers' compensation, and retirement planning insurance products.
Get professional help to maximize your tax benefits and make your healthcare practice cost-efficient. For more information about tax incentives for CA medical practitioners, call 951-243-2800 or visit https://www.myprisminsurance.com/blog/medical-health-care-industry-specialized-tax-incentives-cost-reduction-strategies.aspx
