Kansas: Corporate Income Tax Changes

October 19, 2021

Kansas—Corporate Income Tax: Changes to High-Performance Incentive Program Kansas issued a notice on changes made during the 2021 legislative session to the High-Performance Incentive Program investment tax credit for corporate income tax purposes. The notice clarified that a new law: Removes participation in the Kansas Industrial Training program or the Kansas Industrial Retraining program as […]

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Texas Tax Credit for Businesses

October 19, 2021

Texas has enacted a pilot program to provide a sales and use tax credit for businesses that employ apprentices. More information on the Texas Sales and Use Tax: Sales Tax Incentive for Employing Apprentices Offered Apprentice Sales Tax Incentive A $2,500 sales tax refund is available for each apprentice hired from a qualified apprenticeship program. […]

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Tax Credits and Incentives for Pennsylvania Businesses

October 14, 2021

Companies that have yet to take advantage of two lucrative benefits, a tax incentive program and credits, offered by the State of Pennsylvania, still have a chance to apply now that deadlines have extended to December. These incentives support both young and established businesses by providing tax benefits and or cash to support growth. They […]

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Property Tax Abatement Post-COVID

September 1, 2021

The COVID 19 pandemic nearly wiped out the demand for commercial space because of work-from-home orders, shutdowns, quarantines, supply chain disruptions, unemployment spikes, and a huge drop in consumer confidence. Thankfully, it looks like we are turning a corner, but commercial real estate is going to have a longer recovery than most other sectors because […]

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Business Credits: Made in America Tax Plan

August 15, 2021

The Biden Administration’s FY2022 Green Book, Issued May 28, 2021: 10% general business credit for expenses in connection with onshoring a US trade or business; disallows deductions for expenses in connection with offshoring a US trade or business. Aside from the proposed tax law changes. the American Jobs Plan also proposes a series of tax […]

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