Charles Stokoe Consulting
WE HELP TO GROW
At Charles Stokoe Consulting, we empower businesses to enhance their financial health and profitability. We delve into the intricacies of your expenses, identifying potential areas for cost reduction.
We also offer assistance in reducing your business expenses, such as credit card merchant fees, commercial property taxes, Worker's Comp insurance premiums and determining eligibility for many state and federal tax credits that are often overlooked.
We help businesses nationwide save money and improve cash flow through our specialized Tax Credit and Expense Reduction programs, delivering measurable financial benefits with ease and efficiency.
We Help Clients To Get Success
Throughout the course of my career, I have always prioritized providing my clients with personalized service and am committed to continuing to do so. Thanks to my financial background in accounting, in the markets as a stockbroker, and as a licensed insurance agent, I am able to help your business improve its cash flow by using expense reviews & taking advantage of available tax credits.
My Motto is: "You Come First."
I never make any suggestions without first understanding my clients' needs, risk level tolerance, and liquidity needs, among other items. One aspect of retirement planning I'm particularly passionate about is in educating clients as well as prospects about insurance products, including both benefits and drawbacks.
Service grounded in honesty, hard work, and integrity.
I attended Cal State University Long Beach and received a bachelor's degree in accounting. I then began a career in Public Accounting and passed the examination to become a Certified Public Accountant (CPA). Later, I was a corporate controller for four different corporations before becoming a licensed stockbroker and insurance agent.
My wife and I have two adult children and five grandchildren, whom we love spending time with. We are active in our church, of which we had been members for more than 40 years, until we moved to Texas. When not spending time with family, I enjoy playing golf and watching most sports.
Manufacturing Tax Credits
Tax Credit Calculator
Medical Underpayment
--------- What we do ----------
Services
Cost Segregation is a tax strategy for real estate investors
to accelerate depreciation, reducing taxable income and increasing cash flow.
This involves reclassifying personal property assets to shorter depreciation
periods (5, 7, or 15 years) instead of the standard 27.5 or 39 years.
Accelerated Depreciation: Certain building components (e.g.,
carpeting, appliances) can be depreciated over shorter periods. Increased Cash
Flow: Higher depreciation expenses early on reduce tax liability and boost cash
flow. Examples: Decorative lighting, security equipment, movable partitions,
and certain plumbing fixtures.
Tax Benefits
Reclassify components like carpeting,
appliances, and built-in cabinets for accelerated depreciation.
Immediate Savings
Provides immediate tax savings,
enhancing cash flow for property improvements or other investments.
Examples
Quality carpeting, window treatments, and
upgraded appliances.
WOTC is a federal tax credit for employers hiring individuals from specific targeted groups facing significant employment barriers. This credit encourages workplace diversity and access to jobs for American workers.
Eligible Groups: Includes veterans, ex-felons, long-term unemployment recipients, and those on certain government assistance.
Credit Amount: Ranges from $1,200 to $9,600 per eligible employee, based on target group and hours worked.
Application Process: Requires pre-screening with Form 8850 and certification from the Designated Local Agency (DLA).
Duration: Extended until December 31, 2025.
Cash Flow Improvement
Peace of Mind
Increased Profitability
Better Stability for your Business
Room for Growth
Research & Development Tax Credits
Stryde Savings is a financial institution located in Fenton, Michigan. They offer a range of savings services designed to help customers achieve their financial goals. Their experienced team provides personalized service and expert advice to ensure clients make the most of their money.
Stryde Savings focuses on reducing expenses and obtaining federal tax incentives for businesses across various industries. Their services include identifying billing errors, overcharges, and specialized tax incentives without disrupting daily operations. They have helped companies save over $1 BILLION Dollars!
Click here for a video explaining more about this service.
Click here for a video explaining more about this service.
GMG Savings is a company that specializes in helping
businesses obtain tax credits and incentives. Since 2000, they have been assisting companies in uncovering over $1 BILLION in benefits. Their services include cost segregation studies, property tax recovery, energy tax incentive audits, hiring incentives, and manufacturing tax credit studies.
They work with a national team of industry experts to
provide personalized solutions for businesses, ensuring they maximize their financial savings. GMG Savings collaborates with clients' CPAs and accounting staff to integrate these tax credits smoothly.
Click here for a video explaining more about this service.
Click here for a video explaining more about this service.
About Me - Charles Stokoe
As a seasoned consultant, I specialize in bolstering businesses’ cash flow through the use of proprietary software programs, established since 2000. My services are designed to cater to a wide array of industries, offering potential benefits to all.
How I Got Started
Stryde and Growth Management Group (GMG) began their journey in 2000, focusing on helping businesses manage and reduce costs. Charles Stokoe joined their mission in 2022, bringing his expertise and passion to the table. Recognizing the challenges businesses faced with Merchant Credit Card Processing Fees, Worker's Compensation Insurance, and Property Taxes, Charles was determined to offer effective solutions. With a dedication to helping businesses thrive, Charles expanded his focus to include the Work Opportunity Tax Credit, Employee Retention Credit, Cost Segregation, and Medical Reimbursement. In just a short time, Charles has already made a significant impact, assisting numerous businesses and demonstrating his unwavering commitment and expertise. Charles's innovative approach and unique software solutions have consistently delivered substantial savings and growth opportunities for his clients. With a passion for empowering businesses and a steadfast commitment to exceptional service, Charles continues to support companies in reaching new heights.
Do you accept credit cards?
Are your worker's comp premiums too high?
Have you heard of the Work Opportunity Tax Credit?
Have you heard of Cost Segregation?
Have you heard of the R&D Tax Credit?
Are you a large medical facility: hospital, large PCP practice, ambulatory surgery center?
Want additional information, click here.
Who we help:
Business Coaches and Consultants
Business Law Firms
Commercial Property Owners
Contractors / Labor Intensive Businesses
Financial Institutions
Manufacturing Companies
Medical Services and Organizations
Municipalities
Tech Companies