The Business Incentives Group
February 12 2009
Tax Credit Processing Center, d/b/a TaxBreak, a leading tax credit and incentive processing outsourcer, announces a strategic alliance with The Business Incentives Group, Inc. (TBIG, Inc.) to perform state and local tax credit service. TBIG, Inc. will provide a complete suite of services designed to reduce the cost of state and local income taxes by taking advantage of state and local tax credits and incentives that routinely are unclaimed by businesses. TBIG, Inc. will provide its service to all size companies allowing them to take advantage of savings generally only afforded to a larger company. More information is available on TBIG, Inc. at The Business Incentives Group, Inc.’s website: http://www.tbigtax.com
TBIG, Inc. was founded by Frank Brown, CEO and founder of TaxBreak and Eric Krohel, a veteran of the state and local tax credit field. Mr. Krohel has practiced in the Credits and Incentives (C&I) area for over 18 years and was one of the first practitioners in this specialization. He developed and managed the Incentives Department for two different firms during this time, including a major Northeastern consulting firm, as well as a large International consulting company. Eric has been involved in many major Incentive projects in his career and has secured multi-million dollar tax and economic development savings for numerous clients. He has extensive contacts around the country with both Economic Development Agencies and Revenue Departments and has done work in the C&I area in over 40 states. Mr. Krohel has over 28 years of tax practice experience and, prior to consulting, was an Auditor with the New Jersey Division of Taxation. Eric has been published extensively in major professional periodicals, such as Multi-State Taxation and Incentives, State Income Tax Alert, Expansion Management, and numerous Incentive and Economic Development newsletters. He has also been quoted as an expert on Tax Incentives in several publications, including Tax Incentives Alert, among others.
TBIG, Inc. represents the best-in-class services for managing state and local tax credits and incentives. "When it comes to federal and state tax credits and incentives, companies are looking to develop relationships with a firm that handles all facets of the minimization of tax by utilizing federal and state tax credits and not just the low hanging fruit. They are looking for a company that provides a true consulting service that can use technology to automate what has historically been a manual process," said Frank Brown, CEO and Chairman of Tax Credit Processing Center, LLC.
"The formation of this strategic alliance combines a seasoned state and local tax credit and incentives process with an industry leading federal tax credit service provider that owns the technology platform to integrate its services with third party technology applications and an extensive client relationship management structure. The service offering is part of an overall federal and state tax credit review process for the client and is completed by the advanced technology integrated into the combined services. This strategic alliance also levels the playing field for many third party HR service providers that compete with similar products in the industry that include an integrated tax credit screening,” said Shannon Scott, President of Tax Credit Processing Center, LLC.
About The Business Incentives Group, Inc.
The Business Incentives Group has developed a comprehensive and cost effective approach to secure State and Enterprise Zone Tax Incentives for America's leading corporations. TBIG, Inc.’s tax professionals have extensive collective experience in identifying, securing, and administering valuable state and local Credits and Incentives for companies ranging from start-up entities to Fortune 1000 companies. Our tax specialists have extensive experience serving in government, as well as in the private and consulting sectors. TBIG Inc.’s Credits and Incentives practice identifies opportunities including: State Enterprise Zone Credits, State Income/Franchise Tax Credits, State Hiring Credits, Jobs Tax Credits, Job Training Credits, Research and Development Credits, Investment Credits, Brownfield Credits, among others
About TaxBreak
TaxBreak was established in 1998 to assist companies in identifying and filing the tax credit and government incentive programs 90% of businesses overlook. TaxBreak aids by identifying the options that will improve a company’s financial performance and lower its effective tax rate. Combined, we create a full service tax credit and business expense recovery solution. Our team of Tax Attorneys, CPAs, IT Technologists and Business Process Outsourcing Executives collectively work together through their experience and expertise to minimize tax liabilities and increase bottom line profitability.
CONTACT: TaxBreak
Shannon Scott, 256-549-4829
SScott@TaxBreakllc.com
Copyright (C) 2009. All rights reserved.
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