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Tax Reform Impact on Employers and Employees

Revit OpEd

Repeal of employee deduction and income exclusion for moving expenses: Under current law (Code Section 132(a)(6) and (g)), an employee can exclude qualified moving expense reimbursements from gross income. The Tax Bill suspends the exclusion for qualified moving expense reimbursements for taxable years 2018 through 2025.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25

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STATE INCENTIVES GUIDE

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INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

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Feature Story: 2016 Economic Development Awards

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ACHIEVEMENT IN SITE CERTIFICATION. We have two winners for this year’s award for Achievement in Site Certification: Indiana Economic Development Corp. for the Indiana Shovel Ready Program and the Tennessee Valley Authority for TVA’s Data Center Site Certification Program.

Indiana 40
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Global Growth Surge in Southwest Louisiana

Business Facilities

The Director of Economic Development, Frank Fink will serve as the Parish guide to finding the right site, work through Zoning and Permitting issues and provide a complete set of regional demographic data and interpretation. The campus has an impressive track record of issuing one (1) year skilled work certifications.

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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

Business Facilities

That, along with a strong economy and zero personal state income tax, make it a great place to do business. The plant began production of the all-new 2018 Camry in June. The Work Ready Kentucky Scholarship covers tuition for Kentucky students enrolling in nearly 1,000 certificate and degree programs in five, high-demand sectors.

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Industry Focus: Food Processing – The Process Of Consistency

Business Facilities

Indiana is a “Right to Work” state and, in recent years, has enacted constitutional property tax caps and reduced the state’s corporate income tax. percent between 2008 and 2018. Walking you through the permitting process. Streamlined approval processes for zoning, permitting and design also aid speed to market.