Business Incentives and Credits
Pivotal Tax Solutions offers comprehensive line of services to help clients identify and secure tax and financial benefits associated with expansions and relocations, hiring, research, and other significant expenditures. These services include:
Zoned – Based Tax Credits & Incentives
Enterprise Zone, Foreign Trade Zone, Empowerment Zone offer incentives to hire and retain employees who live and work in these locations. These credits and/or incentives come in the form of state income tax credits, property tax abatements, etc.
Workforce Training Grants & Incentives
To help raise the skill level of your employees, many state and local jurisdictions provide grants to subsidize eligible costs of training new employees and in some cases, existing workers.
Environmental Equipment Exemption
Many states provide tax credits on real or personal property used to control or prevent pollution.
Lease Excise Tax
The Government Property Lease Excise Tax Program has been established by many state and local jurisdictions and is available to businesses that lease parcels from the City rather than own them outright. All real property tax is waived and replaced with an excise tax that is an established rate per square foot and based upon the type of use.
Relocation and Expansion Tax Services
Pivotal helps clients identify and capitalize on tax incentives, credits and tax abatement opportunities by researching possible business incentives, determining whether the potential incentives can be beneficial to our clients, and negotiating additional incentives. Pivotal also includes a comprehensive state and local tax and incentives comparison of every location under consideration as well as negotiating with the state, county and city jurisdictions on behalf of our clients.
