State tax credits and incentives

Identifying and securing state credits and incentives to offset investment expenses

When your business plans a major investment—such as building or expanding a facility, hiring or training employees or scaling into new markets—the difference between locations can mean millions in new tax exposure or savings. State and local governments aggressively compete for business by offering statutory and discretionary credits, grants and other incentives, but each program comes with its own rules, timelines and requirements.

Considering incentives early can change the economics of your project—improving returns, reducing upfront costs and freeing capital for growth. The key is understanding where opportunities exist and how to capture them before you make commitments or break ground.

RSM’s state credits and incentives professionals help organizations evaluate location-based incentives and opportunities, model incentive outcomes and manage the application and negotiation process. With our guidance, you can secure the incentives that align with your broader business strategy and move forward with confidence.

Why work with RSM

Without experienced support, it’s easy to miss critical timing or underestimate compliance obligations. Our specialists work as an extension of your finance and tax team to:

  • Identify and quantify available credits, grants and other incentive  programs
  • Engage directly with state and local authorities to secure negotiated benefits
  • Manage compliance, documentation and ongoing reporting
  • Capture workforce hiring and training incentives to offset labor costs

By aligning these efforts with your capital investment lifecycle—from planning and negotiation to implementation and filing—you maximize benefits while maintaining transparency and control.

How you benefit:

Maximize your incentives
Claim every eligible credit relating to people, investments and operations.

Reduce risk and complexity
Navigate changing rules and compliance requirements without surprises.

Accelerate decision making
Compare offers and model outcomes to choose the best jurisdiction or program.

Improve cash flow and ROI
Turn savings into available capital to reinvest in growth or operations.

Gain strategic insight
Align incentive strategy with business goals, not just tax optimization.

Turn state and local competition into strategic advantage

State tax credits and incentives insights

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