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Incentives Alerts

New Tax Credit for Semiconductor Manufacturing

Aug 22, 2022 by Julie Dietz

President Biden recently signed the CHIPS and Science Act of 2022. This semiconductor manufacturing package provides a 25% tax credit of qualified investment in chip manufacturing. Taxpayers may elect to treat the credit as payment against tax (“direct pay”). The credits applies to qualified investment placed in service...

Georgia Jobs Tax Credit in Special Zones

Jun 16, 2022 by Julie Dietz

If your company is located in Georgia, Silverlode can determine if you have a location in a Georgia Opportunity Zone or Georgia Military Zone.

Businesses in all industries can qualify for benefits in these Georgia Special Zones. Benefits of these Georgia special zones include:

  • Tax credits of $3,500 per net new job...

    Indiana Tax Credit Legislation Update

    May 17, 2022 by Julie Dietz

    Indiana Governor Eric Holcomb recently signed legislation establishing and amending various tax credits. Some of the key provisions include the following:

    • Caps the total amount of tax credits the Indiana Economic Development Corp (IEDC) awards during the fiscal year at $300 million
    • Establishes a Film and Media Production Credit
    • Allows participants in the...

      Invest in our planet for Earth Day 2022!

      May 12, 2022 by Maureen Hourihan

      At Silverlode, we encourage our clients to #InvestInOurPlanet through practices and technologies that will benefit the earth. We are proud to recommend tax credits and incentives to make that possible.

      Green incentives are available to companies at the Federal, State and Local level based on the technology investment. These incentives can...

      Maryland Expands the Commuter Tax Credit

      Apr 28, 2022 by Julie Dietz

      Effective July 7, 2022, the Maryland Commuter Tax Credit will extend eligibility benefits to certain employer-funded programs for carpools, walking and biking gear, teleworking and multimodal commuting.

      Commuter Choice Maryland will reimburse companies 50% of costs (up to $100 per employee) when they offer employees qualified commuting benefits programs (Guaranteed Ride...