
Financial Services State and Local Tax Newsletter - Vol 36
Explore key state tax shifts, including the impact of the recently enacted federal tax changes, and planning insights tailored for financial services firms.
Governments continue to be focused on economic development initiatives including attracting and retaining businesses within their borders. Such efforts offer taxpayers opportunities to reduce costs and increase their return on investment through tax credits and incentives programs. How do you know what’s available? Who is offering the best long-term value?
Negotiated incentives and credits are available for everything from large-scale business expansions to retention of facilities to routine capital spend. Secure the monies available for your business to deploy into your operating budgets.
Will the benefits you have been offered actually benefit your bottom line? Understanding the tax implications of operational plans can help you understand the value of incentives being offered by a jurisdiction.
Our Credits & Incentives specialists will bring their knowledge of your jurisdictions and industry to uncover and obtain the right opportunities for your business. Our team can help you:
Explore key state tax shifts, including the impact of the recently enacted federal tax changes, and planning insights tailored for financial services firms.
This Insight discusses some of the major business tax changes and the initial state income tax considerations with enactment of H.R. 1, the “One Big Beautiful Bill Act."
Florida repeals sales tax on commercial rent, expands exemptions for aviation fuel, extends data center property exemption, and creates sales tax holidays.
Doug McHoney Pat Brown discuss the newly enacted OB3 reconciliation law, focusing on its permanent corporate and individual tax provisions, the recalibration of bonus depreciation, Section 174 expensing and Section 163(j); the Senate’s redesign of GILTI, FDII and BEAT; Inflation Reduction Act rollbacks; Treasury’s...