The SumIt Advantage
Join the thousands of businesses that take advantage of Federal and State business
incentives. At Sumit Credits we work hard to leverage our experience and expertise
to identify and secure every possible credit or incentive for every client. Our
goal is to efficiently maximize the benefits received while minimizing the administrative
burden on our clients. We focus on quality and we are committed to to getting you
every dlilary you deserve.
- Proven results
- Extensive knowledge of many federal and state programs =
Maximized Benefits
- Great working relationships with DED staff
- Nationwide
credit mapping software & access to all states' credit program forms
- Satisfied
client referrals available upon request
In some instances, companies feel that they have the resources and time to handle
the filing requirements of available credit and incentive programs internally. Unfortunately,
often times these companies do not receive the full benefits of the programs. Some
of the primary issues that can cause participants to leave money on the table include:
-
Poor Planning
- Lack of understanding of all program requirements
- Lack of time to
research applicable state and local laws
- Insufficient documentation
- Not certifying
or proactively qualifying enough employees
- Missing filing deadlines.
Our Technology
We have the technology to track and manage any size project. We use an up to date
software program that maps every address and identifies all federal and state targeted
zones the address is located in. We also utilized a customized software database
application that allows us to efficiently manage large amounts of data required
for applicable state sales tax rebates. We have the capability to upload your electronic
purchasing records and invoice images directly into our system which significantly
minimizes the time and effort required to track and copy invoices applicable to
a particular project. This also eliminates human error that can occur in manually
entering invoice information into a database system.
Tracking purchases made by contractors and sub-contractors can be extremely burdensome.
Our system can efficiently track each contractor to verify that a sufficient number
of invoices have been received based on the amount of the contract.
In addition to the contractors report, a number of other reports can be easily generated
from the system. The system is also set up to readily identify and correct duplicate
invoices, illegible invoices, invoices missing critical information, etc.
Our People
EXPERIENCED
- Our staff have a minimum 5 years experience working with credit programs
- Dedicated professionals with tax backgrounds: CPAs, Tax Experts, Credit Specialists
EXPERTS
- Detailed knowledge of rules and regulations that govern programs
- Knowledgeable of many industries, especially energy, gas, manufacturing, distribution,
and customer service
- Management Team invited as keynote speakers at national and regional associations
GOVERNMENT RELATIONSHIPS
- Excellent relationships with state agencies that govern programs
- Invited to be involved in focus groups to change and develop incentive programs
- Recognized as a being a leader by state program administrators and looked to for
guidance in comparing state programs