News & Insights
Stay informed with the latest developments and expert perspectives on tax credits from Mickelson & Company. Our articles offer thorough analysis and up-to-date insights into the railroad and renewable energy sectors. Utilize this knowledge to strengthen your strategic planning in these crucial areas.
Industrial Development Tax Credits: Supporting Economic Growth While Generating State Tax Savings
States are constantly looking for innovative ways to compete for new private investment. One tool that is gaining popularity is the Industrial Development Tax Credit, a transferable tax credit that allows taxpayers to reduce their state tax liability while also supporting meaningful economic development projects across rural America.