State Tax Incentives Continue To Evolve

 

In the constantly changing world of State and Federal Credits and Incentives (C&I), states are constantly changing their programs and the eligibility criteria for qualification, as well as certification requirements.  Even the Federal Government has made constant legislative changes to its Research and Development Credit, as well as the Jobs Credits revolving around the Empowerment Zone and Work Opportunity Tax Credit programs.  So, there is a constant need to track changes to legislation and zone location changes in order to maximize potential savings for your company.

 

Initially, TBIG would conduct an analysis of what the client is currently doing in the C&I area to monitor any changes, as well as add value and potentially maximize current incentive efforts.  After the initial review, TBIG would explore which specific locations potentially qualify for any new or updated Incentive programs and review benefits for which these facilities would be eligible. 

 

We, at The Business Incentives Group (TBIG), feel strongly about saving our Client’s valuable tax and non-tax dollars in the area of C&I around the country.  TBIG will conduct a free analysis of your locations and what your company is currently claiming in the C&I area to add value and potentially maximize your current incentive efforts. 

 

If you would like to discuss C&I issues and advantages TBIG can provide your company in this area, contact Eric Krohel at (908) 534-1834.