The Economic Development for a Growing Economy (or “EDGE”) Tax Credit is an economic development tool used by the state of Indiana to encourage job creation, improve the opportunities for Indiana residents, and grow the state’s capital investments. The EDGE tax credit is awarded to businesses that are considering expansion
Indiana individual and business investors have multiple opportunities for tax savings through various incentive programs offered by the Indiana Economic Development Corporation (IEDC). One such program is the Industrial Recovery Tax Credit (IRTC), which provides a tax incentive for companies that invest in industrial facilities requiring significant rehabilitation or remodeling.
Growth in business is essential for success. Whether it comes from upselling existing customers, identifying new opportunities or enhancing offerings, the ability to generate new income is essential to the vitality of a company. While management focuses on the best strategy to facilitate growth it’s rare if there is any
Tax regulations can be tricky especially true when dealing with sales, use and other taxes assessed on businesses, and in some cases, individuals. If a taxpayer is unaware a tax liability exists it may take years before they are alerted and it’s often by the state Department of Revenue. The
Many business owners are surprised to discover that Indiana is among the top states in continued economic growth. In 2010, the rate of economic growth was double that of the rest of the country, according to a report by the Indiana Business Review. Despite past performance, it can difficult
Many Indiana companies are surprised to learn that there several tax sponsors incentive programs that subsidize regular company activities such as workforce training. One such program, known as the Indiana Skills Enhancement Fund (SEF) workforce training grant provides subsidies for qualifying training and skills development. The SEF offers financial assistance