Federal Incentives & Credits Services
Analyzing Opportunities to Reduce Tax Costs and Improve Cash Flow
Most corporate tax departments recognize the potential of federal tax incentives and credits to lower tax liability. They also know that obtaining the tax benefits of sustainability projects, hiring programs, and similar initiatives may not be easy.
Companies sometimes take too narrow of a view when considering federal incentives and credits. For instance, by focusing only on energy-related projects, it could result in bypassing other more valuable opportunities. Because eligible projects are often grassroots in nature, companies need a process by which to identify the qualifying costs and activities that exist throughout the organization.
The Deloitte Federal Incentives & Credits Services (FICS) group is a national team of specialists that helps companies across industries navigate federal laws pertaining to tax incentives, credits, and U.S. Treasury grants. We have strong experience working with various federal tax credit programs, as well as the U.S. Department of Energy and Department of Treasury, which sponsor many of these programs.
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