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Home > Services > Tax > State & Local Tax > Credits & Incentives


Credits & Incentives

State and local governments frequently offer credits and incentives (C&I) to attract new businesses and to expand or retain existing ones. Often, specific industries like manufacturing or activities like R&D are targeted for benefits. The qualification, negotiation, and compliance process can be complex and time-consuming.

Virchow Krause's SALT professionals will identify and help secure significant credits and incentives for your business. They have the experience, resources, and multistate contacts to maximize the potential C&I benefits. In addition, these professionals will be there to provide end-to-end solutions starting with the preliminary C&I analysis, through negotiations with state and local officials, to meeting the compliance and reporting requirement of the various credits and incentives.

Solutions Beyond the Basics
Our credits and incentives services include C&I reviews, legislative updates, negotiations,  enterprise/development zone qualification,  investment/jobs tax credit assistance, and tax abatement programs, e.g., property, employment and sales/use taxes, low cost financing programs, training grants, and infrastructure improvements.
 

Advantages for You
The benefits of using our C&I services:
  • Reduce state and local tax costs.
  • Increase the rate of return on investments in capital and jobs.
  • Lower cost financing.
  • Enhanced cash flow.
  • Retain competitive advantage in the industry.
  • Save time and effort in analyzing potential C&I programs.
  • Better C&I outcomes through specialist negotiations.
  • Incorporating credits and incentives into your tax compliance process.


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