Tax laws reach into every area of business life, and even some aspects of personal life. Our clients rarely conduct their affairs solely to minimize their taxes, but no prudent decision maker can afford to act without considering the tax ramifications of all the options – federal, state, local, and even international – or exploring whether there might be options not thought of yet that would yield a better tax result.
New Markets Tax Credits can be an important element in financing middle-market business development or expansion projects in or near low-income neighborhoods. We are thoroughly familiar with current deal structures for maximizing the effect of NMTC financing, and we have given NMTC opinions on behalf of business clients in projects involving major banks and national economic development nonprofits as partners and funders. Our Government Relations team is well-positioned to assist clients with the local regulatory challenges any development project faces in the Delaware Valley region, and with the process of competing for support at the political and economic development nonprofit levels.