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The Indiana General Assembly wrapped up its 2025 legislative session on April 25, sending a $44 billion budget and a host of additional bills to Governor Mike Braun, which he signed into law shortly thereafter. Among the most impactful outcomes of this session were sweeping changes to Indiana’s property tax system and significant updates to … Continue reading
Whether you’re expanding, relocating, or launching a new project, navigating U.S. business incentives can be complex. Here are the top 10 questions every company should ask to maximize opportunities and avoid missteps: How do incentives vary by location? Tax and incentives compositions differ significantly across local jurisdictions and applicability is industry-dependent. Those differences are only … Continue reading
You’ve secured one of Indiana’s business tax credits (EDGE, HBI, RTC, etc.). Now what? Ensuring you properly claim your award is critical to maximizing your benefits. Follow this step-by-step approach to guarantee you’re not leaving money on the table. Step 1: Include the certification letter in your tax filing. The Indiana Economic Development Corporation (IEDC) […]
This article originally appeared in Amesto Global’s Q3 Wrap Up. At Amesto Global, our goal is to help reduce the headaches that come with scaling operations across borders. One of the major challenges our clients face when setting up in the US is selecting the right location. From choosing the right state for these operations, […]
The shift to remote work since the pandemic has significantly impacted the real estate market, and office properties have taken some of the biggest hits. Many companies are finding they don’t need the same amount of square footage as before. This is leading to higher vacancy rates and rising cap rates, which ultimately reduce the […]
Tax increment financing (TIF) is a tool used to fund economic development by capturing future increases in property tax dollars generated from new industrial, commercial, or even residential development. This increase in property tax dollars is the incremental increase in assessed value that is typically determined by an assessor once the construction of the improvements […]
This article originally appeared in Area Development. I’ve spent the last 25 years working in and around economic development. The last 18 have been spent in the private sector working with companies interested in locating new or expanded facilities and exploring economic incentives that support their growth plans. I’ve been in the industry so long, […]
This article originally appeared in Area Development. These days, almost any consumer can tell you that our country has a workforce problem. From daily, negative retail experiences to delays in consumer product shipping, even my 72-year-old mother knows that businesses are challenged to find the employees needed to meet demands. (And boy, does she verbalize […]
Economic development is a constant priority for the Indiana General Assembly, and 2023 was no exception. During this year’s legislative session, lawmakers added funding to a variety of incentive programs that promote investment in Indiana – and created other economic development programs anew. Highlights include a second round of funding for the popular READI program, […]
In 2021, Indiana launched the Regional Economic Acceleration and Development Initiative (READI), dedicating $500 million in state funding to promote strategic investments in regions throughout the state. The program was such a boon – returning more than $8 billion to the state’s economy – that Gov. Holcomb petitioned the state legislature for a second round of […]