What businesses should know about credits, incentives, and site selection before expanding, relocating, or investing capital.

Expanding, renovating, or relocating your business? Learn how a SMART approach helps companies capture often-missed incentives—like property tax abatements, sales tax exemptions, and utility savings—to boost ROI, improve cash flow, and avoid timing mistakes that can disqualify projects.

Learn how a Nebraska-based manufacturer secured over $900K in incentives as they expanded operations into Iowa.

Manufacturers often expand operations without realizing that manufacturing tax incentives and economic development incentives may be available to offset the cost of growth. One Midwest manufacturing company discovered this firsthand when a planned expansion turned into $2.3 million in incentives without changing its business strategy.

Discover the tax incentives for businesses most companies overlook in 2026—and take the first step with a brief discovery conversation.

Alt Construction secured Whitestown, Indiana, property tax abatements and incentives for a $5M expansion project—achieving $422,205 in property tax savings and reduced tax liability.

A manufacturer specializing in injury prevention and patient positioning products sought assistance for its headquarters relocation and subsequent expansion in Indianapolis.

In a shifting tax world, location decisions, incentives negotiation, and post-award compliance are more central than ever.

Host ⁠Tim LeMasters⁠ and guest ⁠Ben Worrell, MBA,⁠ discuss the critical role of timing in capturing ⁠incentives and credits⁠ for businesses that are expanding, relocating, or investing in new facilities.

This electrical contractor had plans to expand. McGuire Sponsel helped negotiate a tax abatement that will save the company tax payments over the next 10 years.

How Credits & Incentives Follow Business Growth

In this episode of Let’s Talk Tax, TJ Sponsel sits down with Chad Collier to discuss how tax credits and economic incentives can support business expansion, relocation, redevelopment, and capital investment projects.

The conversation explores common misconceptions around incentive eligibility, including why many small and mid-sized businesses assume they are “too small” to qualify. TJ and Chad explain how companies can preserve leverage by engaging early in the site selection and exploratory phase before committing to a location, filing permits, or beginning construction.

They break down the difference between statutory and discretionary incentives, discuss how state and local governments evaluate projects, and explain why flexibility in location decisions can materially impact available savings. The episode also covers common incentive tools such as property tax abatements, tax increment financing (TIF), job creation credits, low-interest financing, equipment financing, and workforce training grants.

TJ and Chad also highlight one of the most overlooked aspects of incentive deals: compliance and reporting. Without proper follow-through after project approval, businesses may fail to realize negotiated savings.

Topics discussed include:

• Tax credits and incentives for business expansion
• Site selection strategy and location advisory
• State and local economic development incentives
• Property tax abatements and TIF incentives
• Job creation and capital investment credits
• Timing and leverage in incentive negotiations
• Statutory vs. discretionary incentives
• Incentive compliance and reporting requirements
• Real-world incentive project examples and ROI benchmarks

Examples discussed include:

• A $2.3M manufacturing project that secured approximately $230K in incentives
• An $8.5M expansion project that generated nearly $1M in tax abatements and incentive savings

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