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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. Certain of these expenses are not deductible unless, in aggregate, they exceed 2% of the employee’s adjusted gross income.

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Business Facilities’ 2019 Metro Rankings Report

Business Facilities

AUSTIN, DENVER, NEW YORK CITY HAVE TOP STARTUP ECOSYSTEMS. Austin, TX, Denver, CO and New York City topped our metro leaderboard for Startup Ecosystems. New York City’s tech ecosystem now has more than 9,000 startups. Average earnings per job in West Michigan’s IT industry are $85,692.

Metro 108
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When office-to-residential conversion works

BD+C

Office buildings are worth more” than residential as income generators, she explains. If there’s a market for it” is the operative term, however, because office districts in major cities are under stress as they’ve emptied out in the wake of the pandemic, and many building owners are defaulting on loans, according to The New York Times. “If

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2012 Business Facilities Rankings Report

Buisness Facilities Contributed Content

Louisiana edged out another emerging digital media powerhouse, Utah, and outpaced perennial media centers New York and California to take the top ranking in BF’s Digital Media Leaders category. billion in Federal individual income taxes, and $1.9 billion in state individual income taxes. Deloitte estimates that the U.S.

Iowa 69
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State by State Incentives Guide

Buisness Facilities Contributed Content

Appalachian Regional Commission and Delta Regional Authority Grants: Federal-state partnerships that work with the people of 37 Appalachian counties in Alabama and the Mississippi Delta region’s twenty Alabama counties to create opportunities for self-sustaining economic development and improved quality of life. The rates range from $.25

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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.

Income 75
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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

Buisness Facilities Contributed Content

After swallowing that gloomy news, Californians trudged to the polls in November and approved a referendum increasing their state income taxes by a whopping $6 billion a year. Environmental concerns about the potential for ground-water contamination from fracking have kept California and New York on the sidelines.