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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September 9, 2024

33:47

Speakers: Brooks E. Nelson, Sarah McGregor, Glenn LeMieux

Learn how Section 179D and cost segregation studies help maximize tax savings by accelerating depreciation on energy-efficient assets and upgrades.

Podcast

July 15, 2024

20:46

Speakers: Dan Mitzenmacher, Jim Holman

Learn how to develop an effective ERP strategy that aligns with your business goals, focusing on change management and stakeholder engagement.