- Assets purchased (i.e., land, buildings and equipment): Georgia Investment Tax Credit, cost segregation study, Section 179, federal and state energy incentives, Georgia sales tax exemption for supplies/energy, and other incentives
- New employees hired: Georgia Job Tax Credit and Federal Work Opportunity Tax Credit.
- Existing employees trained: Georgia Retraining Tax Credit.
- If this move includes a major expansion or new location: other state and local incentives may be available.
- Other incentives: Some locations have non-tax related incentives such as the Tennessee Valley Authority for electric power cost reduction for employee head count increases (click here).
So remember — if your client is utilizing a tax credit, ask more questions to flesh out the details of the activities related to the tax credit. And these activities can lead to more incentives today and tomorrow.