Delivering Significant Impact To Your Business’s Bottom Line
Through Tax-Based Solutions & Economic Development Strategies
In Memoriam: Rodney Haynes
During his tenure as the Real Estate Site Incentives Manager for Fortune 500 Lowe’s Companies, Inc., Rodney played a pivotal role in the growth of the Site Incentive Group. In just three years, he led the team to increase incentives from $20M to an impressive $800M. His visionary leadership touched diverse projects, including manufacturing, distribution, data centers, call centers, and retail, spanning all 50 states.
Rodney’s journey also included serving as an Internal Revenue Service Revenue Agent for the U.S. Department of Treasury, where he gained invaluable tax and tax credit experience. A graduate of Radford University with a BSBA, Rodney was a member of the SC Economic Developers Association (SCEDA) and served as the International Council of Shopping Centers (ICSC) VA State Co-Chair for the P3 Retail for Public-Private Partnerships.
His commitment to the community extended to his role on the Legislative Committee of the local Chamber of Commerce in VA, leaving a lasting impact on both local and national levels.
Rodney’s legacy will be remembered not only for his professional achievements but also for the warmth, dedication, and expertise he brought to every endeavor. His contributions have left an indelible mark on the realms of economic development and community service. May his memory continue to inspire us all.
Cost
Segregation
Analysis
We utilize cost segregation tools to provide tax-based solutions for your company or clients.
Research & Development Credits
Identify Research & Development tax credits to find “lost money” to return to your bottomline.
Economic Development Strategies
Reduce operating and capital expenditure costs for clients via the identification of incentives.
Employee
Retention
Credit
A payroll tax credit for companies that paid employees during the COVID pandemic.
Who We Are
Embracing The
Golden Rule Mentality
Case Studies
We Deliver Results
Manufacturing
Empower Solutions was able to apply all three core competencies: cost segregation study, R&D tax credits, and economic development programs.
Apartment Complex
Empower Solutions was engaged by a development firm to conduct a cost segregation study on phases 1 and 2 of the multifamily complex.
Storage Facility
Empower Solutions was engaged by a development firm to conduct a cost segregation study on the new construction of a storage facility in New Jersey.
New Construction
Empower Solutions was engaged by a construction company to conduct a cost segregation study on two newly constructed warehouses in Jacksonville, FL.
Restaurant
The objective of the study was to identify assets that could be moved to shorter recovery periods in order to accelerate depreciation and defer taxes.
COVID-ERTC
A family restaurant group was told by their payroll provider that they did not qualify for COVID-Employee Retention Tax Credits and it was not worth the time to pursue.
Get Started
Delivering Significant Impact To Bottom Lines
About Us
Securing unrealized
tax-based benefits
To date, they have helped over 160 restaurants and hotels in South Carolina alone to secure over $14 million in credits. 100% of all Restaurants and Hotels reviewed have qualified due to mandatory government restrictions or shutdowns.”
Join Us
Our Clients Are Family
"The retroactive statutory lookback analysis uncovered and secured a substantial amount of 'found money' for our Partners.
As a valued member of Augusta ENT's team, we highly recommend Empower Solutions' services and look forward to many more successes."
In addition to Cost Segregation Studies, the Economic Development Services are thorough, timely, and professional."
Those significant savings in taxes, coupled with Empower’s reasonable fees, are why I have zero hesitation recommending their services to any business owner. "
"We are currently receiving statewide economic development job creation tax credits. Empower is also working on securing work opportunity tax credits (WOTC) based on the status of some of our new hires. They have lobbied for a local county/city tax credit to install a new sprinkler system at our assisted living community in Orangeburg, SC. To date, Empower has saved our facilities well into six figures. "
I initially contacted them to educate our firm and prepare a report in order for us to receive an annual tax credit for Research & Development. Empower Solutions was not only thorough but easy to work with and always willing to take the time to answer questions or address any concerns."
How to Choose The Right Financial Software for Your Business
In years past, small business owners found themselves entering facts and figures into ledgers by hand, which took hours and hours to complete. Fortunately, financial software for accounting and bookkeeping has changed things dramatically. Now, what once took hours can take mere minutes, making it easier for you to focus…
The Importance of Ongoing Financial Education for Small Business Owners
Whether you have owned your small business for many years or are an entrepreneur who has just gotten started in the business world, you know today's business environment is more competitive than at any point in history. Because of this, it is vital that you make ongoing financial education for…
The Role of a CPA In Helping Small Businesses Navigate Uncertain Economic Times
When the nation's economy starts to slow down, you as a small business owner cannot help but worry about what lies ahead. As the COVID-19 pandemic demonstrated, uncertain economic times can emerge from nowhere in a hurry. When this occurs, having a plan in place can mean the difference between…
Smart Money Moves When Traveling
Regardless of whether you’re traveling on business or to a vacation spot, there are some smart money moves you can make while on the go. Those moves include pre-authorized transactions, automating payments, and exchanging U.S. dollars for foreign currency. In addition, you can also avoid overdraft charges and hire an…
How to Talk to Parents About Estate Planning
When it comes to your parents, you’ve probably always been able to talk to them about anything. Yet, as you find yourself wanting to have a conversation about estate planning, you may be finding it to be harder than you anticipated. A topic often put off far too long, estate…
Best Things to Buy in January
As you say goodbye to December and hello to January, one thing you can take advantage of is seasonal discounts. Each and every new year, retailers put various things on sale in January that you can get for very low prices. If you're ready to be a smart shopper and…
8 Financial New Year’s Resolution Ideas
Most people make New Year's resolutions centered around self-improvement. While you may decide you want to lose a few pounds or perhaps take up a new hobby, you might want to also make some resolutions regarding your finances. If you're ready to make 2023 your best year ever from a…
Start Planning Now For a Brighter Financial Future in 2023
Now that 2023 is right around the corner, it’s a good time to look ahead at planning for a brighter financial future. You can review your financial moves in 2022 and consider what worked well and what didn’t. For many people, 2022 was a year to recover financially from the…
Strategies to Transition to Work From Home
Working from home offers tremendous benefits. If you’re a person who has longed to work from home, it may be possible to make this scenario a reality. Before approaching your boss with the idea, take some steps to see if this would actually be practical for you. List Your Responsibilities…
Should You Get a Balance Transfer Credit Card?
Whether you're trying to reclaim your credit score, or simply looking for a way to reduce your credit utilization, a balance transfer credit card can be a great solution. Depending on the terms of your balance transfer, you can potentially enjoy low interest rates, as well as a long promotional…