DPAD: The missing tax deduction

2 Minute Read
Posted by Randy Eickhoff, CPA, Founder & Head Coach on Apr 10, 2017 1:34:13 PM

With the April tax deadline just a few days away, taxpayers are scrambling to find those last few deductions to lower their tax bill. While there are literally hundreds (if not thousands) of potential tax deductions to evaluate, the Domestic Production Activities Deduction is one that US companies should be looking at very closely.

 

We put together a  short video introduction to the Domestic Production Activities Deduction to help CPAs, business owners, CFOs, controllers and private equity understand the basics of this important tax incentive.

 

 Introduction to the DPAD (part 1)

 

Our next video will focus on the methods available to companies to allocate expenses for the DPAD.  We hope you will join us both for the next video and webinar on May 2nd where we will go through the rules and examples of how the DPAD is calculated. You can find more information and register for the webinar here

 

This incentive is constantly changing as a result of court cases and IRS Notices. We recommend utilizing the services of an expert (shameless self-promotion below) in this area in order to mitigate potential mistakes, maximize your DPAD and develop the proper documentation.

 

At Acena Consulting, we recognize that you, the small business owner, have a lot more on your plate than worrying about another tax deduction. Our role is to bring strong tax technical knowledge, ability to build efficient processes, answer the questions you may not know to ask. We take this concern off your list so you can focus on your core business. 

 

Want to learn more about the magic of our approach?

 

Let’s get started!

 

 

Randy Eickhoff, CPA, Founder & Head Coach

Randy Eickhoff, CPA, Founder & Head Coach

Randy boasts over two decades of experience in securing tax credits and government incentives, having collaborated with over 500 companies throughout his career. He kickstarted his journey in the tax practice of Arthur Andersen in southern California before co-founding Acena Consulting. Randy leverages his extensive expertise to provide industry insights to middle-market and Fortune 500 companies, fostering both direct partnerships and indirect relationships through CPA firms. Outside of his professional pursuits, Randy is deeply involved in the swimming community, serving as a Masters swim coach for Cal Lutheran University and achieving recognition as a top-ten Masters swimmer.