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Mickelson & Company Expands Capital Advisory Services Practice February 24, 2012 Mickelson & Company has expanded its railroad finance practice to provide strategic finance, capital advisory and business development services to short line railroads (and their customers). Recent client engagements for Mickelson & Company include: assisting a short line railroad holding company with a bank refinancing and specific business development initiatives; consulting and arranging a New Markets Tax Credit financing for an industrial development project in the State of Washington; assisting a client with the establishment of a tax increment district. Mickelson & Company Assists in Financing Railroad Infrastructure Improvement Projects across the United States February 20, 2012 Thanks to congressional action in 2010, the 45G track maintenance tax credit was authorized for the entire calendar year in 2011. This legislative certainty allowed Mickelson & Company to assist its railroad clients with the funding of critical railroad track improvement projects across the United States. In 2011, Mickelson & Company arranged 45G assignment transactions for dozens of railroad organizations in more than forty states. Our clients’ railroads serve various types of industries and communities and important track improvement projects are funded as a result of the 45G tax credit program. Mickelson & Company began its work on 45G tax credit assignments in the fall of 2005 with one client consisting of two Class II railroads. Congress Extends 45G Tax Credit Late in 2010; Mickelson & Company Arranges 45G Transactions before Close of Tax Year March 1, 2011 As the clock struck midnight on December 16, 2010, the House of Representatives voted to approve an extension of a large package of expiring tax provisions, including a two year extension of the Section 45G railroad tax credit. With less than two weeks remaining before the 2010 calendar tax year closed, Mickelson & Company successfully arranged 45G assignment transactions for over 160 short-line railroads, which assisted in the of funding critical track improvement projects across the United States. Mark Mickelson, President of Mickelson & Company, LLC, commented, “We are very pleased Congress extended the 45G tax credit for two years. This allowed our clients’ railroads across the U.S. to complete the funding of important track improvement projects in 2010 and plan for further track improvement work in 2011.” Since 2005, Mickelson & Company has arranged 45G tax credit transactions for short line railroads that serve important communities and industries in over forty states. Contact Mickelson & Company to learn more about the 45G tax credit and the benefits of an assignment transaction in funding railroad track maintenance improvements. Mickelson & Company Successfully Advises 45G Transactions for the Fifth Consecutive Year March 1, 2010 With a lot of hard work and a little bit of luck, Mickelson & Company has quietly become a leading advisory firm in the 45G tax credit arena. Mickelson & Company's work with 45G tax credit assignments began in the fall of 2005 with one client consisting of two Class II railroads. In 2009, Mickelson & Company engaged 10 new railroad groups, and now represents over 160 short-line railroads across the United States. Since 2005, Mickelson & Company has arranged 45G tax credit transactions for shortline railroads that serve important communities and industries in over forty states. As a result of these transactions, critical track improvements are funded. The expertise Mickelson & Company provides involves the identification of eligible taxpayers (shippers and rail-related supplies), advice on the assignment features and potential assignment economics, and its experience with the assignment documentation. Mickelson & Company’s 45G Tax Credit Expertise Contributes to Successful Railroad Track Maintenance Projects January 1, 2009 Mickelson & Company recently advised and structured multiple 45G tax credit transactions that contributed to the successful implementation of railroad track improvement projects across the United States. Mickelson & Company's role included the identification of appropriate counter-parties (i.e. eligible taxpayers - shippers and rail-related suppliers), advice on the potential economics of an assignment transaction, and experience with assignment documentation. Mickelson & Company’s advisory work on 45G tax credit assignments began in the fall of 2005 with one client consisting of two Class II railroads. Mickelson’s 45G advisory practice has achieved steady growth and now consists of client railroads in over thirty states throughout the U.S.
Mickelson and Company Brokers 45G Tax Credit for Pan Am Railways May 2007 Real Estate Development--Jansmick Land Investments, LLC May 2007
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