Tax Savings & Credit Solutions

Businesses can effectively reduce payroll tax expenses by offering a wellness program through a Cafeteria Plan, potentially saving between $400 and $700 per employee annually. Property tax assessment services are also available to help ensure you are not overpaying, with fees based solely on verified savings. Cost segregation studies can accelerate depreciation on certain property assets, unlocking significant tax savings.

In addition, many companies overlook valuable research and development tax credits, which have become easier to claim under recent regulatory changes. The Work Opportunity Tax Credit also provides incentives for hiring individuals from designated target groups, with average savings of approximately $2,400 per qualifying employee.

Taking advantage of these tax strategies is an effective way to reduce overall tax liabilities and improve your bottom line.

Cost Reduction Solutions

Business owners can improve profitability through targeted cost reduction solutions provided by industry professionals. These solutions include Workers’ Compensation Reviews to recover potential overpayments, Credit Card Audits to identify excessive fees and negotiate lower rates, Waste & Recycling Audits to uncover billing errors and overcharges, and Parcel Shipping Audits that utilize specialized software to secure refunds from carriers such as FedEx and UPS. These services are designed to lower expenses without requiring a change in service providers, helping businesses operate more efficiently and enhance their bottom line.

Business Funding Solutions

AnchorLink Consulting Services is dedicated to helping businesses improve profitability through tax and expense reduction, revenue growth, and effective cash flow strategies. They provide expert guidance on traditional financing options such as term loans and SBA loans, along with alternative funding solutions like merchant cash advances, ACH advances, and asset-based lending. Additionally, they offer customized financing programs designed to meet unique business needs, including unsecured lines of credit and equipment financing. Their focus is on developing a personalized financial strategy aligned with each business’s specific objectives and goals.  

Employee Benefits Program

AnchorLink Consulting Services provides cost-effective and comprehensive employee benefits solutions designed to help businesses attract and retain top talent without straining their budgets. Their services include advising on and implementing a variety of benefit programs, such as wellness plans, group medical, dental, vision, life, and disability insurance, long-term care coverage, voluntary worksite benefits, employee assistance programs, and diverse retirement plans. Their focus is on crafting tailored benefits packages that balance affordability for employers with meaningful value for employees.  

Business Owner Legacy Solutions

The Business Owner Legacy Solutions program helps ensure a smooth and strategic transfer of business ownership. It offers services such as succession planning, development of Buy-Sell Agreements, and orderly ownership transitions. This solution enables business owners to focus on current operations while securing their long-term future. Key benefits include streamlined succession to family members, key employees, or partners, along with stability through well-structured Buy-Sell Agreements. The program also includes retirement planning options, both qualified and non-qualified, and business valuation services. This comprehensive approach helps business owners prepare for future transitions while maximizing the personal financial benefits of their business.

Key Employee Retention Solutions

The exit of a key employee, whether due to better opportunities, starting their own business, disability, or death, can cause major disruption for any company. Such situations often lead to challenges like reduced service quality, unhappy clients, and operational difficulties. The extent of the impact varies; some businesses recover or even improve, while others may suffer decline or failure, largely depending on their level of preparation.

AnchorLink Consulting Services offers specialized benefit programs designed to retain core employees, along with financial strategies to address the potential exit of key personnel. By proactively managing these risks, businesses can transform what might be a serious setback into a controlled and manageable situation.