Our expertise makes a difference.
PREF understands our partners’ wealth management objectives and deliver valuable tax credit opportunities that align with those financial goals. Through our partnership with State Tax Credit Exchange, we buy and sell tax credits, a viable wealth management tool used to reduce income tax liability for individuals and businesses.
Benefits
State tax credits are strategic solutions that mitigate tax liability for wealthy individuals or businesses. These transactions stimulate positive market and investment activity while delivering value to tax payers. Each tax credit is as unique as each individual’s wealth management plan. The parameters of each tax credit determine if and how a taxpayer benefits. A variety of dollar for dollar tax credit programs exist including: Low-income Housing, Film, Renewable Energy and Historical.
Candidates
Any individual or business with tax liabilities is a candidate for tax credits. Corporations, insurance companies or individuals that pay $50,000 or more in state tax can reap the benefits of tax credits. Furthermore, banks and other financial institutions buy tax credits in order to satisfy their Community Reinvestment Act requirements, and insurance companies buy tax credits to offset premium taxes.
Visit State Tax Credit Exchange for more information.
Read Steve Rothschild’s Q&A “Tax credits viable option for some investors” as seen in the Atlanta Business Chronicle.
