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Tax Advisory & Planning

At Mark Sullivan Consulting, we take a proactive approach to tax planning that sets us apart from the typical reactive tax professional. Instead of simply tracking your expenses for deductions you already qualify for, we strategically collaborate with you to help unlock additional opportunities within the 400 deductions allowed by the U.S. tax code. Our expert guidance ensures you maximize your tax benefits and stay ahead in your financial planning. Let us help you reduce your tax burden while positioning you for long-term success.

Federal Tax Credits

Remember, the key to maximizing tax credits lies in proactive planning and leveraging expert advice when needed. By taking advantage of federal tax incentives, businesses can chart a course towards financial prosperity and long-term sustainability. In the realm of business management, every dollar saved can translate to significant gains for the bottom line. For owners of commercial buildings, understanding and leveraging tax credits can be a game-changer in optimizing financial resources. 

 

Available Tax Credits:

  • Cost Segregation

  • R & D Credit

  • 45L Home Credit

  • 179D Energy Efficient Commercial Building Deduction

 

Mark Sullivan Consulting works with BRAYN Consulting, a niche consulting firm that empowers business through specialty tax incentives, to identify tax savings opportunities for clients in the architecture, engineering, construction, multi-family developers, home builders, real estate owners / investors, software / technology, manufacturing, distribution and government / tax-exempt building owners.

Arizona Tax Credits

Mark Sullivan Consulting provides specialized assistance in administering Arizona tax credits, helping individuals and businesses maximize their state tax savings. We guide clients through the complexities of available tax credit programs, ensuring compliance and strategic planning to fully leverage these opportunities. With our in-depth knowledge of Arizona tax laws and a commitment to personalized service, we help clients optimize their financial outcomes while supporting important local initiatives.

Available Tax Credits:

  • Public Schools - a credit of up to $400 for "married filing joint" and $200 filing single

  • Individual Donations to Private Schools - $2,910 filing jointly, $1,459 filing single

  • Corporate Contributions to School Tuition Organizations - available to S-Corps and LLC that file as S-Corps

    • Minimum Donation: $5,000​

  • C-Corp to School Tuition Organizations - available to S-Corps and LLC that file as S-Corps

    • Minimum Donation: $5,000

  • Qualified Charitable Organization - a credit of up to $938 for "married filing joint" and $470 filing single

  • Qualified Foster Care Charitable Organization - a credit of up to $1,173 for "married filing joint" and $587 filing single

  • Arizona Military Family Relief Fund - the donations to this fund are capped at $1 million per year

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