Texas Tax Credit for Businesses

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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Property Tax Abatement Post-COVID

September 1, 2021 | Blog, Tax Incentives

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 | Tax Credits

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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Employer Training Grants and Tax Credits

Many states have recently revamped, replenished, or increased funds for employer training grants and tax credits. Interest has been overwhelming and in many cases funds are limited or already obligated. Similarly, Indiana’s Next Level Jobs-Employer Training Grant application opened July 9, yet due to a high level of interest applications are already closed until 9/20/21. […]

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