Economic incentives and tax credits may be available to make possible your company’s expansion, consolidation, relocation or investment initiatives. Whether your planned activity will establish a new facility and hire additional employees, consolidate locations and relocate employees, or initiate a research and development operation or a new training program, likely there are economic incentives and tax credits available from federal, state, county and city authorities to support these planned activities.
The Tax Incentives Consultants team provides comprehensive services to advise and assist companies with the strategic planning related to the retention, expansion or relocation of their operations and workforce. We offer our services using strong national, regional and local expertise; proven technical skills; finely-honed negotiating skills; and experience in serving diverse industries. We guide clients from initial research and negotiations through compliance and reporting to help them identify the optimal locations for their facilities, achieve the greatest possible value of statutory and negotiated business incentives, and to retain the implemented tax reduction opportunities.
Events That Produce Incentive Opportunities:
- Introducing or acquiring new service/products
- Establishing, Expanding, Relocating or Consolidating facilities
- Recurring capital expenditures at existing facilities
- Increasing employment within a state
- Relocation or Retention of labor intensive operations
- Incurring costs for training initiatives
- Incurring significant research and development expenditures
- Obtaining new financing
Types of Economic Incentives and Tax Credits Available:
- Real and Personal Property Tax Exemptions
- Investment Tax Credits
- Research & Development Tax Credits
- Discretionary Grants
- Capital Expenditure Grants
- Federal Empowerment Zones
- State Enterprise Zones
- Foreign Trade Zones
- Reduced Cost Financing
- Tax Increment Financing
- Utility Discounts
- Sales & Use Tax Exemptions
- Relocation Cost Subsidies
- Wage Subsidies
- Job Tax Credits
- Recruitment Assistance
- Training Assistance
Ways We Can Assist:
- Location analysis and site selection;
- Business incentives identification, negotiation and implementation;
- Economic analysis, including financial modeling and economic and fiscal impact analysis;
- Analysis of tax burden including: US Federal income tax; state and local income/franchise taxes; state and local sales/use taxes; state and local property taxes; Federal and state employment taxes; and unclaimed property;
- Analysis of the optimal legal entity structure from a tax perspective; and
- Incentive reporting and compliance.
Use the form below to get your free Tax Incentive Negotiation Assessment today.