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Business Overview 
Case Studies 
Case Studies: State Tax Credits and Incentives (C&I) Reviews
Case Study 1
The Client:
Manufacturer with plants in 8 states
Over $750 million in annual sales
Pursued several acquisitions over the past few years
Results of the C&I Review:
Well over $1 million in total C&I from various programs in several states
The company has generated a variety of tax C&I for this manufacturing client. Some Incentives were negotiated for a new plant and for consolidating facilities. However, the majority of the Incentives for this client were claimed retroactively for capital investment, training and job creation. These Incentives have included Jobs Tax Credits, Retraining Tax Credits and Location-Based Incentives, including both statutory and negotiable benefits. Incentives, totaling well over $1 million, have been earned through C&I programs in various states including Ohio, Pennsylvania, Georgia, Wisconsin, Texas, Mississippi, and New Jersey.
Case Study 2
The Client:
A large company that does Logistics and Food Distribution operations
Opened a new facility in Georgia
Various other expansions throughout the Eastern U.S.
Results of the C&I Review:
$1.2 million in Job Tax Credits over 5 years and over $1,500,000 in other StateTax Credits
The Client owns a logistics operation and food service business. They opened a facility in a less-developed Georgia county. In such counties, the general rule allows businesses to claim the Georgia Job Tax Credit, which is a hiring Credit based on new jobs created. The result was over $1 million in Credits over several years. We also performed a review of all State Tax Credits claimed by this client and found additional Credits that were available, leading to over $1,500,000 in additional savings in various states around the country.
Case Study 3
The Client:
Corporation with less than 30 employees
A high technology company that does software development
Had been in a loss situation since their inception five years ago and had never reviewed their eligibility for the R&D credit
Results of the C&I Review:
$618,000 in credits over five prior years, claimed by filing amended returns and computing retroactively their R&D credit.
This client is a small corporation with less than 30 employees. While a company this size and in a loss situation would generally not be able to utilize tax credits, New Jersey and several other states allow technology companies to sell their losses and R&D credits for, in some cases, up to 92% of their value. This allows these companies to garner much needed cash and, also, allows profitable corporations to buy these credits in order to reduce their tax liabilities at a discount.
