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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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Oklahoma Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

The guaranty that SBA provides the lender gives them the assurance the Government will reimburse the loan, up to a percentage, in the event the borrower defaults. The lender decides if they will make the loan internally or if the application has some weaknesses that, in their opinion, will require an SBA guaranty.

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Oregon Incentives and Workforce Development Guide

Business Facilities

The updated Oregon incentives guide is brought to you by Real Street Expo , a new event sponsored by Business Facilities and Today’s Facility Manager magazines. Sparks revitalization in Oregon’s low-income communities. Affordable interest rates and tax-exempt status assist in lowering capital expenses.

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Oregon Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

These bonds finance job creation and business growth for Oregon traded-sector, value-added manufacturers and processors by providing long-term debt financing for land, buildings and other fixed assets at a rate below prime. Additional payments may be required in event of early payoff or sale of the company.

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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 credit is available to all types of business entities, including: S corporations, C corporations, limited liability companies (LLCs), partnerships, trust and sole proprietorships. The tax for existing entities accrues as of Jan.

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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.

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Oklahoma Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

The updated Oklahoma incentives guide is brought to you by Real Street Expo , a new event sponsored by Business Facilities and Today’s Facility Manager magazines. “Quality Event” is a meeting of the members for a nationally recognized organization. .