Tax Incentives for Real Estate Expansion Projects

During the Pandemic and Beyond

As many Massachusetts businesses re-open, manufacturing companies that have expansion plans may benefit from a variety of state and local tax incentives. Whether a company plans to renovate an existing facility, relocate, construct a new facility, or create or retain jobs, there are available resources that can help to reduce the cost associated with a real estate investment.

By leveraging tax incentives, companies can save thousands – or even millions – of dollars. These incentives can benefit both public and privately-owned companies in growing sectors such as life sciences, manufacturing, technology, and distribution.

In this webinar, Lynn Tokarczyk, government tax incentives consultant and president of Business Development Strategies, Inc., will discuss how to identify, negotiate, and secure valuable government tax incentives, including:

• State Tax Credits
• State Abandoned Building Tax Deductions
• Municipal Tax Increment Financing (TIF)
• Municipal Personal Property Tax Relief
• Special Tax Assessment (STA)

Presented By:

Lynn Tokarczyk

Government Incentives Consultant

Business Development Strategies, Inc.

Business Development Strategies, Inc., (BDS) is a leading government incentives consulting firm in Massachusetts. Celebrating 17 years of success, BDS has helped growing companies in Massachusetts identify, negotiate and secure state tax credits, Tax Increment Financing (TIFs), and other state and local tax incentives that stimulate business investment and job creation.

BDS founder and President Lynn Tokarczyk is a former regional director of the Massachusetts Office of Business Development, and senior manager for Ernst & Young’s State and Local Tax Incentives Practice.

The BDS team has assisted more than 100 companies in saving over $100 million in state and local taxes since its 2003 founding. BDS’s roster of clients includes many publicly-held and privately-owned companies in life sciences, technology, manufacturing and distribution, and other sectors, such as TripAdvisor, Keurig, New England Ice Cream, IPG Photonics, Analog Devices, Waters Corporation, Primetals, and Vicor.