As of July 1, 2014, the Idaho State Tax Commission put in place temporary administrative rules, creating a refundable tax credit for qualified businesses entities that create a certain minimum number of qualified new jobs and generate certain new revenue in Idaho.
Idaho Boosts Incentives for Job Creation through the Idaho Reimbursement Incentive Act Read More »
The New Jersey Economic Opportunity Act of 2013 was signed into law on September 18, 2013. The Act streamlines New Jersey’s 5 existing economic development incentive programs into 2. The Grow Now New Jersey Assistance (Grow NJ) Program will be the main job creation and retention incentive program. Grow NJ is for businesses creating or retaining jobs and making a capital investment in a Qualified Incentive Area and that meet or exceed minimum employment and capital investment requirements.
Effective May 14, 2014, The Colorado Job Creation and Main Street Revitalization Act provides an income tax credit for costs incurred in connection with the preservation of historic structures.
Colorado Job Creation and Main Street Revitalization Act Read More »
On Monday, April 14, 2014, Governor Deal signed into law a 2 year extension of state income tax credits for video game companies. The 2 year extension provides for up to $25 million in tax credits for video game developers. The Georgia Industry Investment Act was established in 2008 to support Georgia companies developing games
Georgia Continues to Promote Business Growth Through Tax Credits Read More »
Premier Tax Incentive Consultant Strengthens National Practice with Industry Expert
Ocean, NJ February 17, 2014 — Walton, one of the longest-tenured independent tax and non-tax incentives consulting firm in the U.S., announced today the splitting of the President and CEO position, previously held by Fred Stiftel, and the appointment of Phil Ownbey as president. Mr. Ownbey brings extensive and relevant experience to Walton, having held strategic executive positions at tax credit and incentive firms. Fred Stiftel will retain the title of CEO.
Walton Appoints Phil Ownbey as President Read More »
Walton’s own Marty Reid — Managing Director, Incentive Consulting Services (ICS) Division — has been critical in evaluation and capturing lucrative tax credits and incentives for many businesses for over 20 years. Mr. Reid was quoted in a recent Triangle Business Journal article for his assessment of state tax credit programs explaining that “[states] are
State Tax Credits & Incentives Keep Increasing Read More »
Happy New Year!
And, cheers to a successful 2014! We’re very exited for the coming year and we look forward to serving all of your tax credit and incentive needs. So read on, pass it along, and stay subscribed. Every opportunity counts!
2014 Newsletter — Walton Read More »
Beginning January 1, 2014 Maryland provides a refundable tax credit equal to 33% of an eligible investment to Qualified Maryland Cybersecurity Companies (QMCCs) that seek and secure investment from an in-state or out-of-state investor.
The program appropriations for FY 2014 are $3 million, with a minimum appropriation per year through July 1, 2019 of $2 million. The maximum allowable credit is $250,000 per QMCC and cannot equate to more than 15% of the total program appropriation in a single fiscal year.
Cybersecurity Investment Incentive Tax Credit Read More »
The Texas Tax Credit for Clean Energy provides a franchise tax credit for up to 3 clean energy products. The credit cannot be issued before the later of September 1, 2018 or the expiration of an agreement under Chapter 313 of the Texas Economic Development Act regarding the clean energy project for which the credit
State Tax Credits & Incentives II Read More »
Oregon Oregon is among 20 states in the United States that offers a state tax credit for dependent care assistance provided to employees. Oregon’s dependent care tax credit is taken against the company’s state tax liability and permits an employer to offset 50% of its child care expenditures against its state tax liability. The credit
Take Advantage of Employer Provided Child Care Tax Credits Read More »
