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A BOUTIQUE 

TAX CONSULTING FIRM

 

Specializing in Fixed Asset Reviews (including Cost Segregation Studies) and

Research Tax Credit Studies

with billions of Federal and State tax dollars saved and substantiated over the past fifteen years

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HELPING YOU
WE HELP YOUR COMPANY TO MAKE THE MOST OF FEDERAL AND STATE TAX CREDITS AND INCENTIVES

THE VALUE

FOLEY & SMITH DELIVERS
SUPERIOR VALUE THROUGH:
  - AGILITY                     
  - COMPETITIVE PRICING
  - CONVENIENCE                 
  - EFFICIENCY
  - IN-DEPTH TECHNICAL EXPERTISE
  - KNOW-HOW

EXPERIENCE

OUR INDUSTRY EXPERIENCE SETS US APART
 -AEROSPACE AND DEFENSE               -CHEMICAL 
 - CONSTRUCTION                                -FINANCIAL
 - FOOD MANUFACTURING                   -HOSPITALITY
 - MANUFACTURING (Heavy/Light)      -MINING
 - PHARMACEUTICAL                            -POWER & UTILITIES
 - RENTAL (Commercial/Residential)   -RETAIL
 - TECHNOLOGY                                    -TRANSPORTATION

OF A TEAM

OUR TEAM DELIVERS:
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 - SPECIFIC AREAS OF DEEP EXPERTISE
 - SUPERIOR FOCUS AND CREATIVITY
 - CUSTOMIZED SERVICE
 - HANDS-ON APPROACH

SERVICES

Fixed Asset Review Services

  • Cost Segregation Studies

  • Capital vs. Expense Analysis

  • Qualified Improvement Property Analysis

  • Tax Depreciation Studies

  • Software Development Cost Analysis (ERP, B2B)

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    • Energy Tax Credits
    • IRS / State Audit Support Services for all of the services mentioned above

    Other Services

    Research Tax Credit

  • Federal and State credits

  • IRS / State Audit Support

  • Section 174 Expense Studies

  • Large & medium businesses

  • Start-ups & small businesses

  • Wide range of industries

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    Practice Services

    WHY

    USE

    US?

    Experience

    • Foley & Smith’s personnel have years of experience successfully delivering Research Tax Credit, Fixed Asset Review, and other services to companies in multiple industries

    • Our team includes engineers, statisticians, CPAs, appraisers and former IRS engineers who have in-depth knowledge of the tax laws

    • Hundreds of millions of R&D Credit dollars claimed and substantiated over the past decade

    • Billions of dollars in tax depreciation deductions accelerated for companies

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    Practice Leaders’ Expertise

    • Michael A. Smith- CPA, JD

    • Michael J. Foley - Engineer, MBA (former IRS Engineer Manager)

    • Kenneth J. McGrain - Engineer

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    Other considerations:

    • Boutique provider agility, efficiency, and convenience

    • Big Four Quality deliverables

    • Strong favorable history in defending our projects upon review by the IRS

    • Highly responsive team

    • Our goal is to minimize the amount of effort needed by our clients to complete the work

    • Hands-on approach and customized service

    Why Use Us?
    Image of people working at a table.

    CONTACT US

    LOCATIONS

    Maryland

      

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    Florida

    Coming Soon

    1013 Chesnut Ridge Drive 

    Lutherville, Maryland 21093

    8019 Belair Road, Suite 4  

    Nottingham, Maryland 21236

    contact

    Click or select ✉️ to send us an email.

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