For many consulting firms, the client relationship ends after the incentives package ink is dry. For KSM Location Advisors’ dedicated team, our work is just getting started. Managing compliance is just as important to make sure our client receives their incentives.
Our experienced compliance team is comprised of CPAs, attorneys, and a MBA, who work together for the life of the incentives project (sometimes more than 10 years) to ensure our clients receive every possible dollar that was negotiated.
Our compliance team does the following for our clients:
Outlines compliance paperwork and timing
Provides overview of incentives reporting requirements
Provides best practices to enhance realization
Monitors deadlines and assists with compliance tasks
Tracks current performance against goals to see if their is a play for additional rounds of incentives
Did You Know?
Experts estimate only 25% of negotiated incentives are ever fully realized.
KSM Location Advisors clients received 97%+ of the incentives their performance qualified them for last year.
Our compliance experts know the following:
How beneficial a non-refundable or transferable credit will be
The best way to structure an abatement
Due dates that effect credits & incentives and why they are important
The layers associated with an abatement, and what is abatable and what isn’t
How outside shareholders effect tax credit value
The correct way to fill out forms such as CF-1’s and SB-1’s