C&I Forms Strategic Alliance with SALT Payroll
TAMPA, Fla., July 15 /PRNewswire-FirstCall/ — SALT Payroll Consultants (”SALT”), a subsidiary of Pinpoint Recovery Solutions, Corp. (OTC Bulletin Board: PPNT) a provider of payroll tax recovery services, has entered into a strategic alliance with C&I Tax Consultants. The alliance will allow SALT the opportunity to offer its existing clients, through C&I, the potential benefits of lucrative California Enterprise Zone Tax Credits.
Established in 1984, the Enterprise Zone Credits offer companies doing business in California’s 42 designated “Enterprise Zones” huge dollar for dollar tax credits for each qualified employee hired. Employers can effectively reduce their tax burden and increase their cash flow. Companies operating in the Enterprise Zones also qualify for credits equaling the sales or use tax paid on qualified equipment or machinery. Lenders also pay no tax on interest from loans made to companies operating in the Enterprise Zones.
About C&I Tax Consultants
C&I Tax Consultants is one of the leading consultants in the niche area of the California Enterprise Zone Tax Credits. Founded by a former Big Five accountant, C&I has saved its clients millions of dollars in taxes. With a sophisticated base of tax knowledge, C&I partners with accountants, venture capitalists, and other professionals to identify and maximize the credit opportunities for its clients. C&I developed its own proprietary software program that streamlines the credit analysis and ensures accurate and professional reporting. Because the credits are not limited to any type of industry, C&I’s client base ranges from law firms to hotels and nursing homes, manufacturers, dealerships, distributors and any company that has successfully built up its employee base and seeks to reduce its tax burden.