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Many States Lure Business With Tax Credits And Incentives | TaxConnections
In the current competitive economic environment, states continue to compete against each other to lure companies (and their employees) to the “right” state. Many states offer lucrative credits and incentives to do so. We assist companies with the identification, quantification and substantiation of multi-state benefits available as a result of expansion, including: Increases in company headcount and training (ie. Hiring Credits, Training Credits, Grants and Reimbursement programs) Investments in property, plant and equipment (ie. investment tax credits) Increases in research and development activities (ie. R&D credits) Expansions in enterprise zones, renaissance zones, or similar targeted areas