Commonly Overlooked State Tax Credits and Incentives: R&D, Investment, Jobs Tax Credits, and More
Excelsior Programs, CA Competes, NY Qualified Emerging Tax Credit, NYC Musical Tax Credit
Note: CLE credit is not offered on this program
Recording of a 110-minute CPE webinar with Q&A
This course will highlight opportunities for companies to increase their bottom line by taking advantage of state tax credits and incentives that are often overlooked. Specific credits and eligibility requirements for these credits in California, New York, and other states will be discussed.
Outline
- State credits and incentives
- Research and credit
- Federal credit and recent changes
- R&D credit in specific states
- California
- Other States
- Investment tax credits
- Manufacturer property tax credits
- Job tax credits
- COVID programs for targeted industries
- Training credits
- Many other common credits and incentives
Benefits
The panel will review these and other critical issues:
- Qualifying for the R&D tax credit in CA and other states
- Utilizing NY tax incentives including Excelsior Program, QETC, ITC, and others
- Training and job tax credits
- Manufacturer tax credits available in NY and other states
- Which business activities generally produce state tax credits
Faculty
Barry Halpern, CPA
Partner
Marcum
Mr. Halpern is a tax & business services partner at Marcum LLP’s New York City office. He helps clients... | Read More
Mr. Halpern is a tax & business services partner at Marcum LLP’s New York City office. He helps clients navigate the complexities of all areas of state taxation including general consulting, obtaining and negotiating business credits and incentives, audit defense, strategic planning, apportionment sourcing studies, nexus considerations and resolutions. Mr. Halpern also has extensive experience advising clients on New York State and New York City tax matters, having successfully represented corporations and partnerships before state taxing authorities and negotiated settlements and penalty abatements. His focus is on understanding the needs of his clients and delivering high value quality professional services to companies across all industries including manufacturing, technology, media and entertainment, healthcare, and financial services.
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Mark B. Leaheey, CPA
Director
Marcum
Mr. Leaheey, CPA, CGMA, MSA, is a Director in the R&D tax credit practice at Marcum LLP in Chicago. He has more... | Read More
Mr. Leaheey, CPA, CGMA, MSA, is a Director in the R&D tax credit practice at Marcum LLP in Chicago. He has more than 15 years of professional experience providing tax and consulting services to various industries in the United States and abroad. Mr. Leaheey has spent extensive time in China where he assisted in strategy and process implementation. Prior to joining Marcum, he worked in RSM’s credits incentives and methods practice – with a focus on portfolio companies of private equity groups; and at the Big Four in the captive insurance industry with a focus on self-procurement tax, as well as state and local income franchise tax compliance and consulting. Mr. Leaheey has professional experience in project management and developing cash flow improvement strategies among diverse industries.
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