Dave McGuire’s latest podcast discusses opportunity zones and how they work in 2020.

Jacob Everett was featured in Site Selection Magazine.

In The Lane Report, Sierra explains four common misconceptions businesses believe about economic development incentives in Kentucky. She also provides suggestions on how businesses can plan and help create growth across the state.

In Area Development, Jacob discusses how effective public-sector engagement is critical to consultants and business leaders alike and the top 20 States for doing Business in 2020.

Economic incentives are one tool governments have to recover from the COVID-19 pandemic.

When U.S. Auto Parts Network, Inc.— a leading online provider of automotive aftermarket parts—decided to add a new facility to its business, McGuire Sponsel’s Credits & Incentive team joined the process as a strategic advisor.

McGuire Sponsel, a specialty tax and consulting firm with clients throughout the United States, has hired Alexander Giacomin—as a Analyst for the Credits and Incentives team.

Sierra Enlow of our Credits and Incentives practice line joins Dave this week to discuss the economic incentives landscape in Kentucky and when it’s time to hire a consultant to walk through these opportunities.

In Accounting Today, Ben Worrell proposes a plan for governments to examine their existing job creation tax credits and reframe them as rehire credits during the pandemic.

Indiana businesses looking to update their manufacturing process to better integrate new technology can be eligible for up to $200,000 in grants from the state. The Indiana Economic Development Corporation (IEDC) in partnership with Conexus, a division of  the Central Indiana Corporate Partnership (CICP) focusing on manufacturing and logistics businesses within Indiana, has announced a competitive matching grant program called Manufacturing Readiness Grants geared toward manufacturing businesses looking to invest and improve their processes. The program is designed to support businesses that launch initiatives to improve the capacity, efficiency, speed, and/or quality of their processes. This program is a part of a broader COVID-19 response initiative through IEDC called Economic Activity Stabilization & Enhancement (EASE).

Dave McGuire discusses opportunity zones in the latest edition of his podcast and how they still offer opportunity in the unusual economic year of 2020. This podcast covers the basics of how opportunities work for businesses and also clarifies important tax considerations for those considering opportunity zone investment.


McGuire on the Wire Episode 23

by Dave McGuire
September 21, 2020