New Markets Tax Credits and Supply Chains: Funding Strategic Growth

Tax Beat hosts Brooks and Sarah continue a focus on strategic planning issues for companies that are onshoring, expanding and relocating operations. In this episode, the issue faced by many companies is finding funding sources to support their growth plans. One solution is the New Markets Tax Credit (NMTC) which facilitates private investment into low-income and targeted communities.

Topics discussed include:

  • 3:00 – Overview of the New Markets Tax Credit program
  • 6:02 – Role of TAG by Cherry Bekaert
  • 7:24 – How companies benefit from NMTC backed financing
  • 8:36 – Examples of funding for facilities and equipment
  • 17:53 — How the NMTC Impacts Supply Chain Issues

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Brooks E. Nelson

Tax Services

Partner, Cherry Bekaert Advisory LLC

Sarah McGregor

Tax Services

Director, Cherry Bekaert Advisory LLC

Past Episodes

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Podcast

February 10, 2025

20:36

Speakers: Brooks E. Nelson, Sarah McGregor, William W. Billips, Lisa Macri

Stay ahead of tax reporting changes with insights on ASC 740, ASU 2023-09, tax reconciliation, and financial statement disclosure requirements.