Individual states offer tax credits and incentives (deductions, credits and exemptions) to companies in numerous industries. States use them to attract new businesses and add jobs that bolster their economies.

Popular industries for state TC&I include:

  • Food & Beverage
  • Hospitality
  • Construction
  • Manufacturing/Distribution
  • Retail
  • Medical
  • Security
  • Transportation

Taking advantage of these opportunities can be challenging, however, because the types of credits and incentives in each state and rules for qualifying vary greatly. It’s also tough to keep on top of them because they’re constantly changing.

Tax credits and incentives can definitely be worth pursuing. Marcum tax professionals can recommend options for your industry and business, and assist you in taking advantage of those that deliver real benefits.

Interested in exploring state tax credits & incentives? Ask Marcum.

Marcum 2020 Year-End Tax Guide

Sometimes Challenges and Uncertainties Create Opportunities

Contacts

William  Kuhlman

William Kuhlman

R&D Tax Credits Leader

  • Tax & Business
  • Philadelphia, PA
Peter  Downing

Peter Downing

National Principal-in-Charge, Tax Credits and Incentives

  • Tax & Business
  • Costa Mesa, CA
John  Eckweiler

John Eckweiler

Partner-in-Charge, Tax Services - California

  • Tax & Business
  • Costa Mesa, CA
Barry  Fischman

Barry Fischman

Partner

  • Tax & Business
  • New Haven, CT
Diane  Giordano

Diane Giordano

Partner

  • Tax & Business
  • Melville, NY
James  Lundy

James Lundy

Partner

  • Tax & Business
  • Nashville, TN
Gary  Rose

Gary Rose

Partner-in-Charge, Tax Services - Illinois

  • Tax & Business
  • Deerfield, IL
Jill  Scher

Jill Scher

Partner

  • Tax & Business
  • Melville, NY
Jeffrey  Winkleman

Jeffrey Winkleman

Partner-in-Charge, Corporate Taxation

  • Tax & Business
  • Philadelphia, PA