LOS ANGELES, Calif. (PRWEB) July 16, 2015
Apex Advisors, a nationally-recognized tax advisory firm, was welcomed as a new member by the Los Angeles County Economic Development Corporation (LAEDC) at its monthly board meeting. By joining LAEDC, Apex Advisors continues its commitment to helping businesses maximize their opportunities through its tax credits and incentive solutions. This strategic partnership enables greater access for businesses in the Los Angeles area to claim significant tax dollars that can help them grow and compete in today's increasingly complex global economy.
“We are proud to have joined LAEDC and its mission of strengthening the economy of L.A. County,” said Linn Cook, Vice President of Marketing and Sales at Apex Advisors. “Los Angeles is a major engine of economic growth for the entire country...being a member of the LAEDC allows us to contribute to the success of local businesses and help them take advantage of numerous tax benefits offered at the state and federal level.”
As of July 1, 2015, when the World Bank released 2014 Current Dollar GDP figures for the world’s countries, California ranks as the eighth largest economy in the world, with a GDP larger than that of Italy. While the cost of doing business in California, and in Los Angeles in particular, is undoubtedly challenging, there is a variety of federal and state tax credits and incentives that can foster a friendly and competitive business environment. These tax credit programs include the California Competes Tax Credit, the New Employment Credit, and the California Research Credit. Unfortunately, many businesses are either unaware of or lack the expertise to take advantage of these benefits.
Since 2001, Apex Advisors has helped numerous California businesses leverage the tax code to claim valuable tax credits and incentives. By reducing tax exposure and lowering the cost of indirect expenses, these tax credits and incentives provide capital for businesses to remain competitive, increase job growth, and further develop their operations. Apex Advisors’ services directly support the LAEDC’s initiatives to “attract, retain, and expand businesses and jobs for the regions of Los Angeles County” and to promote innovation and entrepreneurship in Los Angeles.
“Los Angeles is our home, which makes our relationship with the LAEDC especially important,” states Cook. “Joining the LAEDC allows us to be a bridge between tax credit policies and businesses that can put those policies into motion. Our services put money back into the pockets of L.A. businesses, inspiring innovation and spurring economic growth.”
About Apex Advisors
Apex Advisors is a tax specialty services firm dedicated to helping businesses innovate and grow in today’s increasingly competitive global marketplace. Founded in 2001 and headquartered in Los Angeles, California, Apex Advisors helps businesses claim valuable tax credits through a variety of federal and state programs, including Research & Development Tax Credits, Work Opportunity Tax Credits, Enterprise Zone Tax Credits, Sec. 179(d) and many others. Our experienced staff of accountants, tax attorneys, engineers, and former IRS agents and attorneys work closely with clients to provide the extensive research necessary to maximize tax benefits and provide rigorous defense against audits. At Apex Advisors, we invest in strong relationships that deliver better results. For more information, visit http://www.apexadvisorsus.com.