Tax Credits & Incentives | Business Opportunities

Turn Business Planning Into Tax Savings

When you’re expanding, relocating, or investing in your operations, state and local governments want your business, and they’re willing to pay for it. The question is whether you know what’s available and how to get it.

Every state offers incentives to attract and retain businesses. Tax credits for job creation. Grants for capital investments. Property tax abatements. Sales tax exemptions. Training reimbursements. Cash refunds. The programs exist, but most businesses either don’t know about them or don’t pursue them because the application process seems complicated. That’s where we come in.

GBQ doesn't just help you apply for incentives. We help you identify which programs you qualify for, structure your operations to maximize benefits, negotiate the best possible terms, and maintain compliance so you don’t lose what you’ve been awarded.

We stay involved after the application is approved. Incentives come with ongoing compliance requirements, job creation thresholds, capital investment minimums, reporting deadlines. We help you track those obligations, prepare the necessary documentation, and avoid clawbacks or penalties.

Maximize Incentives With Comprehensive Tax Strategies

GBQ helps clients identify incentives, negotiate packages, and provide end-to-end support (from applying for tax exemptions and workforce grants to ensuring compliance) so your company secures and retains every available benefit when expanding, investing, or hiring. Keep reading to learn more about GBQ's comprehensive credits and incentive services. Or, click here to request a consultation with a member of our tax and advisory team today.

Site Selection Services

Where you put your facility affects more than logistics. Different states and cities are competing for your project, and they’re offering real money to get it. We evaluate potential locations based on what incentives are available, what the tax climate looks like, and what workforce you’ll have access to. We also run competitive bids between jurisdictions, so you’re not leaving money on the table.

Incentive Identification & Negotiation

Let’s say you’re adding 50 jobs and investing $10 million in equipment. What’s available? Tax credits, grants, property tax abatements, and training reimbursements. We identify what you qualify for, prepare the applications, and negotiate directly with economic development officials. We also coordinate across state, county, and city programs because benefits often stack if you know how to structure them.

State & Local Tax Credits

Job creation credits, capital investment credits, R&D credits, film production credits, historic rehab credits, and renewable energy credits. States offer dozens of programs, and most companies don’t claim half of what they’re entitled to. We identify what applies to your situation, calculate the value, and handle the compliance to ensure you actually get the money.

Property Tax Abatements

New construction or major expansions often qualify for property tax abatements that can cut your bill by 50% to 100% for 5 to 15 years. That’s real cash flow. We help you apply, negotiate the terms, and stay compliant with the job creation or investment thresholds required to keep the abatement in place.

Sales Tax Exemptions

Manufacturing equipment, R&D materials, data center hardware. A lot of what you’re buying may be exempt from sales tax if you know how to structure the purchase. We identify what qualifies, obtain exemption certificates, and make sure you’re not paying sales tax on purchases that should be exempt.

Training Grants & Workforce Development

Hiring people means training people. Many states will reimburse you for those costs through workforce development grants. We apply for the programs, document your training expenses, and secure reimbursements for onboarding, skills training, and employee development.

Qualified Opportunity Zones

Certain geographic areas come with extra tax benefits. Income tax credits, property tax breaks, sales tax exemptions. If you’re located in one of these zones or can relocate to one, the savings can be significant.

Click here to learn more.

Work Opportunity Tax Credits (WOTC)

Hiring veterans, ex-felons, long-term unemployed individuals, or people receiving government assistance can generate federal tax credits between $2,400 and $9,600 per employee. We help you identify who qualifies, complete the certifications before the deadlines, and claim the credits on your returns.

Research & Development Tax Credits

Developing new products, improving manufacturing processes, or solving technical problems probably qualifies for R&D credits. GBQ can identify the activities that count, document the expenses, calculate the credits, and defend them if the IRS asks questions. These credits apply to way more industries than most people think.

How can the R&D tax credit empower your business growth?

Increase cash flow, earnings per share, and return on investment.
Create a dollar-for-dollar reduction in your federal and state income tax liability.
Receive up to 12-16 cents of federal and state R&D tax credits for every qualified dollar.
Create a dollar-for-dollar reduction in your federal and state income tax liability.
Perform look back studies to recognize unclaimed credits for open tax years.
Utilize the federal R&D tax credit against payroll tax.
Carry forward the credit up to 20 years.

Whether you’re a tech start-up, pharmaceutical developer, product manufacturer, or even a financial services corporation, companies across all industries are taking advantage of the R&D credit to empower growth of their business.

Learn more about our specialty tax services.

Incentive Compliance & Monitoring

Getting the incentive approved is step one. Keeping it requires hitting job creation targets, meeting capital investment thresholds, and filing annual compliance reports on time. Miss a deadline or fall short on headcount, and the state claws back everything. We track your obligations, prepare the reports, and flag issues before they cost you money.

Is your leadership team looking into expanding, relocating, or investing in the business? If so, you should consider working with a tax professional who is well-versed in credits and incentives for businesses like yours.

Let's Get To Work

Eyeing Expansion

If your company is planning an expansion and would like to maximize incentives before committing to a location, seek out assistance from a tax credits and incentives professional.

Ready To Relocate

If your business is considering relocating its operations and would like to understand which jurisdictions offer the best financial package, reach out to a GBQ advisor today.

Capital Investments On The Menu

Manufacturers making capital investments in new equipment, facilities, or production lines should speak with a tax professional to understand what incentives are available.

Don't Overlook Special Incentives

Technology and data center companies may be eligible for specialized incentives and sales tax exemptions. Talk to a tax professional to identify your options.

Ready. Set. Hire!

If your company is planning to significantly increase headcount, pull your tax advisor into the conversation to capture job creation credits.

Capitalize On Opportunity

Organizations in designated zones that aren’t taking advantage of available benefits today should consult with a dedicated tax professional to understand what incentives are available to them tomorrow.

Ongoing Compliance

If your business was recently awarded incentives, don't forget to work with a tax professional who can help you with ongoing compliance and reporting requirements.

Complete Alignment | Ohio CPA Firm | GBQ Partners

Count On Complete Alignment

Every engagement begins with ensuring a complete understanding of your project goals and objectives. What you’re planning, where you’re considering, and what your timeline looks like. From there, we identify available incentives, evaluate which ones are worth pursuing, and develop a strategy to maximize your benefits.

You’ll work with a team that includes people with economic development relationships, tax technical expertise, and project management experience. We coordinate across all of these areas to deliver results efficiently.