Tax Credits & Incentives

Tax Credits & Incentives

• Site Selection Incentives Identifying sites for potential projects, evaluating the costs and benefits of various locations, including tax impact analysis, and negotiating directly with state and local officials.
• Business Incentive Procurement Working with clients to identify and obtain incentives from different sources including rebates, assistance with expedited permitting and waiver of permit fees and direct cash grants. Other programs to consider include forgivable loans, infrastructure assistance and site development assistance.
• Sustainability & ESG Planning Identifying and obtaining U.S. Federal Incentives available to encourage sustainable investments, including tax credits for solar, energy related credits and deductions under the Inflation Reduction Act (IRA).
• Utility & Energy Coordinating efforts between government officials and public utilities to ensure a steady and cost-effective access to energy.
• New Market Tax Credits (NMTC) Providing comprehensive consulting services on behalf of project sponsors including managing the detailed phases of the NMTC Funding and compliance for projects qualifying for the program. NMTC is a program that incentivizes and enhances community development and economic growth using federal tax credits (35%) that attract private investment to distressed communities and states. Our team has extensive experience in closing multiple projects utilizing Federal and State NMTC’s.
• Opportunity Zone Planning Identifying and obtaining tax benefits from Opportunity Zones that offer federal, and sometimes state, tax benefits that defer the tax on qualifying gains. With planning and the right circumstances, such gains can avoid all tax.
• Project Management Providing project management consulting to help ensure the project and the tax incentives being secured stays on track and the potential benefits are maximized.
• Audit Defense & Renegotiation Defending businesses being audited and proactively working with government officials to renegotiate tax incentive arrangements to avoid clawbacks and losing future benefits.