Food pantry

Heads up, business owners: Federal tax credits can help pay for your new facility, if it meets community needs

Texas and Austin are no exception to the economic development and business growth happening nationwide. These new developments have the ability to create social good, serve the community, enhance the economy and provide jobs.  With that, the projects may qualify for federal, state and local credits and incentives as a portion of their financing structure.  The new Central Texas Food Bank is a great example of a project that provides social good to the community they serve by meeting the ongoing demand for hunger relief.

Baker Tilly is dedicated to empowering business growth throughout Austin and Texas. Learn more about how the New Markets Tax Credit program works with qualified projects to fill funding gaps and create community impact. 

Read the Austin Business Journal article >

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New excise tax on excess executive compensation by tax-exempt organizations