State tax credits and incentives

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.

Turn state and local competition into strategic advantage

Capital investment incentives

Large capital projects create leverage—but only if incentives are identified and negotiated before ground is broken. We help you evaluate competing state and local offers, quantify long-term impacts and secure the tax credits and abatements that enhance your project’s return.

Workforce credits

When growth means hiring or training new employees, many states reward job creation with significant credits. We connect you to those programs, so your workforce expansion directly improves project economics and long-term operating costs.

Cash grants and discretionary programs

Some of the most valuable incentives are competitive and require formal applications and negotiation. We manage the process end-to-end—building a compelling business case, coordinating with government officials and positioning your project for the strongest outcome.