— Tax Services
Investment Tax Credit in New Jersey
Investment Tax Credit Services in New Jersey That Maximize Your Return
At Presti & Naegele, we support businesses throughout New Jersey in leveraging the investment tax credit—a federal incentive that rewards capital investments, promotes innovation, and helps reduce tax burdens. Whether you’re expanding your facilities, modernizing equipment, or investing in clean energy, we ensure every eligible expense is strategically aligned for tax savings.
With more than 40 years of experience, our team offers seasoned guidance to help you claim, optimize, and maintain compliance with the investment tax credit. We simplify the complexity of tax rules, turning them into opportunities for real financial gain across all corners of New Jersey—from Jersey City to Princeton to the industrial hubs along the Turnpike.
We tailor every ITC strategy to meet the needs of New Jersey’s diverse business landscape.
OUR SERVICE
P&N's Experts
Investment Tax Credit
At Presti & Naegele, we empower individuals and businesses through expert advisory services. With personalized guidance, we build enduring partnerships and contribute to sustained success.
What Is the Investment Tax Credit?
The investment tax credit (ITC) enables New Jersey businesses to reduce their tax liability by a portion of the cost of qualified investments. It’s a direct credit—separate from depreciation—and is ideal for companies making upgrades or infrastructure investments.
Commonly covered ITC-eligible investments include:
✔ Solar, wind, and geothermal energy systems
✔ Commercial and industrial machinery and equipment
✔ Innovation-supporting spaces like labs or R&D facilities
✔ Updates to IT infrastructure, including software and servers
At Presti & Naegele, we examine each investment with care to ensure every dollar spent by your New Jersey business is working toward a stronger tax outcome.
Strategic Support for Every Step of Your Investment Tax Credit Claim in New Jersey
Claiming the investment tax credit requires more than just documentation—it demands precise planning, deep tax knowledge, and continual attention to regulation. Presti & Naegele brings that full package to businesses across New Jersey.
Our comprehensive ITC services include:
✔ Asset-by-asset qualification reviews
✔ Precise credit calculation based on up-to-date laws
✔ Seamless coordination with your accounting or finance department
✔ Full support for audit documentation and compliance readiness
We guide New Jersey businesses through the process, ensuring each step aligns with the most advantageous tax position possible.
Who Can Benefit Most From the Investment Tax Credit in New Jersey?
The investment tax credit is especially valuable for New Jersey businesses making large-scale investments. Whether you’re a manufacturer in Newark, a medical provider in Morristown, or a real estate firm along the coast, the ITC can lead to significant tax relief.
Industries we commonly assist in New Jersey include:
✔ Construction and Architecture
✔ Manufacturing and Industrial Enterprises
✔ Healthcare and Dental Practices
✔ Real Estate and Hospitality Developments
✔ Software, Tech, and Innovation-Based Firms
If your New Jersey company is investing in infrastructure, energy, or technology, now is the time to evaluate your ITC eligibility.
Long-Term Benefits in New Jersey Beyond the Tax Year
Beyond immediate tax reduction, the investment tax credit also delivers long-term strategic value. Businesses in New Jersey benefit from:
✔ Better cash flow due to decreased tax obligations
✔ Higher returns on capital-intensive purchases
✔ Improved planning through optimized deduction timing
✔ Lower audit risk from clear, well-prepared documentation
We continue to support your New Jersey business after filing—tracking new legislation and identifying additional qualifying opportunities.
Why Choose Presti & Naegele for Your Investment Tax Credit Strategy in New Jersey?
Presti & Naegele offers expert service built on decades of experience, with a client-focused approach that’s far from generic. Here’s why businesses across New Jersey count on us for investment tax credit support:
✔ Customized planning based on your unique investment profile
✔ End-to-end services—from assessment to audit documentation
✔ Proven success over 40+ years with more than 10,000 clients
✔ In-depth industry knowledge specific to New Jersey markets
For businesses looking to make the most of the investment tax credit in New Jersey, we’re the firm equipped to lead the way.
Turn Capital Spending Into Strategic Tax Savings in New Jersey
In New Jersey, companies are constantly reinvesting to stay competitive—whether that’s through equipment upgrades, facility expansion, or green energy adoption. These moves also unlock major tax-saving potential through the investment tax credit.
Presti & Naegele helps businesses throughout the state see the full financial value of their investments—not just as expenses, but as tax-advantaged decisions.
Whether you’re installing energy-efficient systems in Edison or rolling out new tech in Hoboken, we make sure your investment strategy supports both operational growth and tax efficiency.
By getting involved early, we help New Jersey businesses build a stronger financial foundation through smart, compliant ITC planning.
Investment Tax Credit New Jersey
FAQs
1. How do I know if my business qualifies for the investment tax credit?
Eligibility for the investment tax credit depends on the type of investment made and current federal guidelines. Common qualifying investments include renewable energy installations, manufacturing equipment, and certain improvements to commercial property. Our team conducts a comprehensive review of your capital expenditures to determine credit eligibility and ensure all qualifications are met.
2. Can I still claim the investment tax credit if I lease equipment instead of buying it?
Yes, in some cases you may still be eligible to claim the investment tax credit even if the equipment is leased, depending on the lease structure and who retains ownership. Presti & Naegele can analyze your lease agreements to determine whether the credit applies and how to claim it accurately.
3. Is the investment tax credit available at the state level too?
While the investment tax credit is a federal program, some states offer their own versions or incentives that work in tandem with the federal ITC. We provide both federal and state-level tax planning to help you capture every available benefit.
4. What documentation do I need to claim the investment tax credit?
To claim the investment tax credit, you’ll need purchase receipts, installation records, proof of use, and potentially third-party certifications (such as for energy-efficient systems). We help you prepare all necessary documents and ensure your records are audit-ready.
5. When should I involve a tax advisor in planning for the ITC?
Ideally, you should consult a tax advisor before making an investment to ensure your plans align with ITC eligibility and maximize benefits. However, even post-purchase, our team can assess your past transactions for potential claims and develop a forward-looking tax strategy.
Ready to See How Much You Can Save?
Schedule a consultation today with Presti & Naegele and discover how our investment tax credit expertise can help you reduce your tax liability, boost ROI, and make smarter investment decisions. Let’s turn your capital investments into powerful tax advantages.
Serving
Nationwide
GET IN TOUCH
Let's talk about how we can help improve your business.
Elevate your business with tailored solutions. Let's discuss strategies for growth, efficiency, and lasting success.
Tax Planning for Businesses - Website Form
Tailored Solutions for Financial Success
Explore Our Comprehensive Services at Presti & Naegele Accounting Offices
P&N INDUSTRIES
Industries We Serve
Our firm consists of an extensive team of highly specialized professionals that are intimately familiar with the industries they work in and the customers they serve.
MORE THAN JUST ACCOUNTING
Great Clients
Awesome Reviews
Discover the transformative experiences shared by our satisfied clients. In their own words, they highlight the impact of Presti & Naegele's expert tax services, client accounting precision, and strategic guidance on their financial success. Read our reviews to gain insights into the personalized and enduring partnerships we've forged.
I have had my business for more than 10 years and struggled through several *truly awful* accountants. I found Presti & Naegele about 5 years ago and have never looked back. They are a life-changing breath of fresh air and they will be my accountants for as long as I live.
Andy and the whole Presti Naegele team have been game changers as accountants for our business. My previous accountant was very hands-off and not accessible. Andy and his team are always available, willing and able to roll up their sleeves no matter what we throw at them. Highly recommend - do NOT hesitate to work with them!
OUR LOCATIONS
