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State and local governments frequently offer credits and incentives to attract new businesses and expand or retain existing ones. But, the qualification, negotiation, and compliance process can be complex and time-consuming. Baker Tilly’s tax professionals have the experience, resources, and multistate contacts required to identify, help secure, and maximize state and local credits and incentives for your business. We can help you lower financing costs, increase investment returns, enhance cash flow, save time and effort, and maintain a competitive edge. Because our credits and incentives team works closely with our state and local tax team, you can trust that we’ll cover your needs in all areas of state and local tax. Our comprehensive credits and incentives solutions include: - Customized analysis for your business, including up-front planning
- Negotiation with state and local officials
- Due diligence review of credits and incentives contracts
- Assistance with credits and incentives compliance and reporting requirements
- Enterprise/development zone identification and qualification
- Consulting on credits and incentives for plant expansion, job creation/retention, environmental remediation and "green" projects, technology development, and export growth
- Low-cost financing options
- Training grants to enhance specialized or basic job skills
- Infrastructure improvement programs
- Multi-location tax and credits and incentives comparison studies
- State research tax credits
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