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News

Federal Empowerment Zone Employment Credit retroactively renewed and extended

Dec 20, 2019 by Allison Hollin

The federal Empowerment Zone Employment Credit has been retroactively renewed and extended through the end of 2020. This corporate income tax credit for employers located in certain federally designated zones can yield up to $3,000 in credit per qualified employee annually and had last sunset at the end of 2017.

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Federal Indian Employment Credit retroactively renewed and extended

Dec 19, 2019 by Allison Hollin

The federal Indian Employment Credit has been retroactively renewed and extended for tax years beginning before 2020. This corporate income tax credit for employers hiring enrolled members of an Indian tribe or their spouses can yield up to $4,000 per qualified employee annually and had last sunset at the end...


Federal Disaster Employee Retention Credit retroactively renewed and expanded

Dec 19, 2019 by Allison Hollin

The federal Disaster Employee Retention Credit has been retroactively renewed and expanded to include an additional 20 disasters occurring in 2018 and 2019. This corporate income tax credit for businesses affected by a federally designated disaster who have retained employees can yield up to $2,400 per qualified employee and...


Dennis McAndrew weighs in on Columbus 2020's success

Jun 03, 2019

Every economic development organization board wrestles with the question: How do they measure the organization?


Craft Beer Industry has almost $1 Billion Impact on Ohio

May 22, 2019

The Ohio Craft Brewers Association reported Ohio's craft breweries had a $967 million economic impact in 2018. Silverlode conducted this study which shows $124 million of annual state and local taxes generated by the industry.