January 7, 2019
Companies with EDGE Tax Credit Agreements with the State of Illinois have several annual reporting requirements, with some reports due within the first quarter of the year. Required reports include:
The specific reports that you are required to file and the respective deadlines depend on the size of your business, and whether you have previously filed Annual Tax Credit Applications.
Failure to submit reports may disqualify companies from claiming credits for those taxing years. Most agreements are for 10 years; don’t lost 10% of the value of your agreement.
Zethmayr can work alongside your team to file required reports and ensure you maximize the value of your EDGE Tax Credit Agreement. Contact us today at 312-221-1115, or firstname.lastname@example.org.
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