Navigating the Shifting Landscape of State Tax Incentives Navigating the Shifting Landscape of State Tax Incentives: What Businesses Need to Know in 2025 As states continue to refine their tax codes to attract innovation and investment, businesses must stay ahead of the curve to make informed site selection decisions. Recent legislative changes in Texas and […]
Turn Your Vision into a Tangible Growth Plan
Turn Your Vision into a Tangible Growth Plan Turn Your Vision into a Tangible Growth Plan At Ashmore Consulting LLC, we believe that every business growth decision—whether it’s expansion, relocation, or launching a new facility—deserves a strategy that’s as ambitious as your vision. That’s why we’re excited to share how our recent experience in the […]
Your Growth Deserves More Than a Zip Code – It Deserves a Strategy
Your Growth Deserves More Than a Zip Code – It Deserves a Strategy Your Growth Deserves More Than a Zip Code – It Deserves a Strategy According to the latest Goldman Sachs 10,000 Small Businesses Voices survey, small business owners are forging ahead with growth plans despite persistent uncertainty around capital access, tax policy, and trade. […]
Minnesota enacts omnibus tax legislation that includes changes to R&D tax credit and data center incentives
Minnesota House File 9 ( HF 9 ) introduces significant tax changes, including an increase in the gross receipts tax rate on taxable cannabis products and the repeal of the sales tax exemption for data centers. The state’s R&D tax credit becomes partially refundable starting in tax year 2025, with refundability rates of 19.2% for 2025 and […]
Texas- Corporate Income Tax: Tax Credit Created For Contributions Supporting At Risk Families
Texas has created the Strong Families Tax Credit against its franchise tax, providing a credit of up to $1 million annually per taxable entity for designated contributions to eligible organizations supporting at-risk families and parenting initiatives. The total statewide credit is capped at $5 million yearly, with unused credits eligible for carryforward for up to […]