Cherry Bekaert: Technology

State Credits & Incentives Your Tech Company Should Take Advantage Of

February 27, 2023 Cherry Bekaert
State Credits & Incentives Your Tech Company Should Take Advantage Of
Cherry Bekaert: Technology
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Cherry Bekaert: Technology
State Credits & Incentives Your Tech Company Should Take Advantage Of
Feb 27, 2023
Cherry Bekaert

To conclude our series on State & Local Tax and Sales & Use Tax for tech companies, we explore a few lucrative state credits and incentives not to pass up. While the R&D credit is probably the most common credit that tech companies take advantage of, our specialists shed light on other, less commonly known credits and incentives.

Cherry Bekaert Tax Partner, Tim Larson, welcomes two members of our Tax Credits & Incentives Advisory group: Director, Melinda Young, and Senior Manager, Nick Cousino. Together, they discuss just how much companies could receive in state credits and incentives through the Job Tax, Employee Retention and Angel Investor credits. They’ll also explain how companies that own and operate data centers can qualify for notable tax incentives.

The conversation includes:

  • Location-Based Job Tax Credits
  • Disaster Employee Retention Credits
  • Credits for Companies that Own and Operate Data Centers
  • Angel Investor Credits & Incentives  

 If you haven’t already, catch up on the first three episodes in the series:

Other relevant guidance: 

Show Notes Chapter Markers

To conclude our series on State & Local Tax and Sales & Use Tax for tech companies, we explore a few lucrative state credits and incentives not to pass up. While the R&D credit is probably the most common credit that tech companies take advantage of, our specialists shed light on other, less commonly known credits and incentives.

Cherry Bekaert Tax Partner, Tim Larson, welcomes two members of our Tax Credits & Incentives Advisory group: Director, Melinda Young, and Senior Manager, Nick Cousino. Together, they discuss just how much companies could receive in state credits and incentives through the Job Tax, Employee Retention and Angel Investor credits. They’ll also explain how companies that own and operate data centers can qualify for notable tax incentives.

The conversation includes:

  • Location-Based Job Tax Credits
  • Disaster Employee Retention Credits
  • Credits for Companies that Own and Operate Data Centers
  • Angel Investor Credits & Incentives  

 If you haven’t already, catch up on the first three episodes in the series:

Other relevant guidance: 

Location-Based Job Tax Credits
Disaster Employee Retention Credits
Credits for Companies that Own and Operate Data Centers
Angel Investor Credits & Incentives