Maximizing Your State Tax Incentives

Presented by Alice Nolen, National Practice Leader at Experis US, Inc.

Credits and incentives are an important tool to help a business add significant value to its bottom line. Tax department personnel should have an understanding of the basic types of incentives available to expanding/hiring companies and should have a basic understanding of the questions to ask to identify potential incentives that may be available for specific projects. Executed correctly, the tax personnel responsible for the impact will receive recognition for the resulting benefits. However, if the benefits are not entirely received because the credits and incentives are clawed back or recaptured, which can occur under a myriad of circumstances, anticipated benefits will not be realized. This session will cover key factors in identifying, negotiating and documenting credits and incentives to effectively obtain the benefit on the front-end, as well as developing a game plan to ensure compliance and full realization of the benefit on the back-end, specifically including managing the risks associated with clawback provisions.

By attending the this presentation, participants will learn to:

  • Identify the various types of credits and incentives,
  • Determine questions to ask to identify credits and incentives opportunities for a company,
  • Discuss best practices in obtaining statutory incentives and negotiating credits and incentives,
  • Identify best practices for documenting credits and incentives,
  • Recall common clawback clauses embedded in incentives agreements, and
  • Outline a plan to effectively reduce the risk of recapture.

A basic understanding of state income taxes is recommended to fully understand concepts covered in this course.

This course qualifies for 1.0 hour of CPE in the State and Local Tax field of study and 1.0 hour of CLE. It will be delivered in a live group method on November 28, 2016, from 11:30 to 12:20 am in Classroom A and from 2:40 to 3:30 pm in Classroom B of the Denver Aquarium on 700 Water Street, Denver, Colorado.

This course is designed to comply with Colorado State Board of Accountancy and NASBA CPE and Colorado CLE standards. Participants are encouraged to confirm eligibility compliance with their jurisdiction. Refunds will be issued if the event is cancelled by FTL or for cancellations received before November 21, 2016. Questions, concerns, and complaints may be submitted to Info@FutureTaxLeaders.org.

To register to attend, click here. This program is $135 for FTL members and their guests, government employees, and students and $185 for non-FTL members.