Overview
The best incentive package only delivers value when there's a robust system in place for administration, compliance, and claiming the benefits. KMKC sets itself apart with a dedicated Incentive Compliance team, boasting decades of experience in maximizing credits and incentives for clients. We focus not just on securing flashy incentive packages, but on ensuring they provide real bottom-line impact.
Statistics show that companies managing this process on their own—despite strong real estate or tax departments—often miss out on 50% of the credits and incentives they're eligible for. With over 3,000 credit and incentive programs nationwide, many companies find it more cost-effective to outsource this work to a specialized firm like KMKC, with a dedicated tax credit and incentive compliance practice.
Why is Incentive Compliance crucial?
Continuity Over the Life of the Incentive: Most programs require ongoing maintenance across multiple years. KMKC provides a clear compliance plan to ensure continuity, even with internal turnover within the client’s organization.
Recapture/Risk Management: Many incentive programs mandate new job creation or investment within a defined period. We closely monitor progress toward commitments, offering a strategic roadmap to minimize default risks and the potential for clawbacks. We can also renegotiate terms due to unforeseen business circumstances.
Coordination Across Corporate Functions: Successful compliance requires cooperation across tax, real estate, operations, and HR. We ensure seamless coordination to meet reporting requirements accurately and on time.
Audit Defense: In the event of a future audit, KMKC stands by our work and fully represents and defends against any claims.
KMKC Incentive Compliance Services Include:
Turn-key administration for negotiated incentives and tax credits; Access to a dedicated Incentive Compliance team; Employee and investment tracking; Monitoring of legislative and regulatory changes; Annual and quarterly report filings; Miscellaneous report filings; Accountability reporting;
We ensure you not only secure incentives but maximize their financial impact.
Team
- Consultant
- Consultant
- President & Chief Executive Officer
- Managing Director
- Managing Director
- Director