Pennsylvania’s Keystone Innovation Zone Tax Credits Offer New Businesses Tax Savings And Meaningful Partnerships
The Commonwealth of Pennsylvania has a tax incentive program for young, for-profit, companies in specific areas in the state. The Keystone Innovation Zone Tax Credit Program offers tax breaks for companies less than eight years old, located in a Keystone Innovation...
Only $10,000 Of State And Local Business Taxes Can Be Deducted On A Federal Return–With A Notable Exception
In some cases you can deduct your state and local business taxes on your Federal return but not always. There is a catch. At the moment the most you can deduct on your Federal return is $10,000. There is also a catch to the catch; there is a way to deduct more. This...
Arizona Offers A Number Of Tax Credits For High Quality Jobs, Facilities And Computer Data Facilities
States around the USA are competing over tax breaks for businesses that bring valuable assets with them. To be sure jobs are valuable but not all jobs are created equally. States have begun offering better tax incentives for better jobs. Likewise, if a company brings...
Are Cannabis Taxes Killing The “Golden Goose”?
Cannabis has been touted as a financial windfall and not just for the people and businesses involved in the growing and sale of the product. State governments were going to make a mint in tax revenues. Somewhere along the way, however, the taxes became onerous and too...
Recent Comments