Financial Services Tax Credits & Incentives
Protect and enhance your organization’s value by taking advantage of tax incentive programs
Financial Services Tax Credits & Incentives
Don’t stick to the status quo
As the financial services industry continues to evolve, the key to success is to evolve along with it. Stay ahead of the game by embracing the many investment tax credits, tax incentives and non-tax benefits that are available to insurers, banks, credit unions, mortgage lenders, asset management companies and broker-dealers. Taking a comprehensive view of these incentives will provide value and opportunities to your organization in both the short and long term.
Baker Tilly’s Sustainability Regulations Tool helps organizations identify compliance requirements
With this tool, leaders can understand which sustainability requirements apply to their organization to help prioritize their reporting readiness and assurance efforts.
2024 Tax Strategy Playbook
Download the Tax Strategy Playbook for tax insights and opportunities that could impact your organization in 2024.
New Markets Tax Credits (NMTC) mapping tool
Baker Tilly’s interactive mapping tool can help you determine if a project is in a census track that may qualify for NMTCs.
Same old problems — new innovative solutions
Our advisors follow advance planning techniques to give you industry-leading, objective guidance in federal, state, local and international taxes, individual income tax planning and compliance, cost segregation and more. We collaborate with colleagues in multiple disciplines to minimize your tax burdens and accelerate tax deductions, all while helping your organization reach its financial goals.
Guiding insights
Navigating the IRA and NMTCs: Key considerations for financial services organizations
For financial services organizations, taking advantage of the Inflation Reduction Act, New Markets Tax Credits and other tax credit initiatives can be extremely beneficial
ESG and its importance in the insurance industry
ESG has become increasingly more important among organizations and its stakeholders, and this informative article breaks down what ESG is and why it's such a hot topic to the insurance industry.
Exploring the many benefits of investment and production tax credits
The Inflation Reduction Act (IRA) has had an impact on renewable energy development. Specifically investment tax credits (ITCs) and production tax credits (PTCs). Understand the benefits, risks and more in this informative article
How community lenders can amplify funding for clean energy projects using federal grant and tax credit programs
Understand the potential interplay between the Clean Communities Investment Accelerator (CCIA) program, Inflation Reduction Act tax credits and other funding sources to best structure capital for clean energy projects.
ESG landscape in the financial services industry
Read our key takeaways from our latest ESG webinar focusing on the impact to financial institutions.
California climate reporting regulations are impacting many U.S. companies
The California climate reporting regulations require many middle market companies to disclose GHG emissions and climate-related financial risks. Is your company prepared?
Let’s explore what’s possible, together
Tax credits and incentives can be a crucial part of a project’s funding structure and an opportunity for your business to maximize tax cost savings, reduce your effective rate and enhance your reputation. Even if you haven’t started or are still implementing an updated tax strategy, embracing government tax credits and incentives will be extremely beneficial and directly impact your organization.
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