TaxCredits.xls


Tax Incentives (Non-targeted Industries)    
Number of new qualified employees (Minimum of 5 to qualify)  
Credit factor per Employee (USD) $400  
Tax Credit-Employee based (USD)  
 
Expected Capital Investment (USD) (Minimum of $200,000 to qualify)  
Credit factor per $100K invested (USD) $400  
Tax Credit-Capital Investment based (USD)  
 
Sub Total (USD)  
(Capital credits are not to exceed $40,000 per eligible employee)  
Number of eligible employees x $40,000 = MAXIMUM POTENTIAL CREDIT  
 
Total Estimated Incentive (USD)  
NOTE: Credits may be carried forward for 10 years but may NOT    
exceed 50% of the company's PRE-CREDIT tax liability in any one year.    
     
     
     
     
     
     
Tax Incentives (Targeted Industries)  
Number of new qualified employees (Minimum of 5 to qualify)  
Credit factor per Employee (USD) $650  
Tax Credit-Employee based (USD)  
 
Expected Capital Investment (USD) (Minimum of $200,000 to qualify)  
Credit factor per $100K invested (USD) $650  
Tax Credit-Capital Investment based (USD)  
 
Sub Total (USD)  
(Capital credits are not to exceed $40,000 per eligible employee)  
Number of eligible employees x $40,000 = MAXIMUM POTENTIAL CREDIT  
 
Total Estimated Incentive (USD)  
NOTE: Credits may be carried forward for 10 years but may NOT    
exceed 50% of the company's PRE-CREDIT tax liability in any one year.