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Gorcery and Foor Service Industry

Facts:

  • Large Company that operates Grocery Stores and Food Distribution companies
  • Opened 4 new stores in rural Georgia counties creating 20 jobs per new store
  • Various other new stores and expansions throughout the Eastern US

Results:

  • $1.2 million in Georgia Job Tax Credit over 5 years
  • Over $500,000 in other state tax credits

This client owns various grocery store chains and food service businesses. They opened stores in counties that are less developed in Georgia. In these counties, an exception to the general rule allows retail businesses to claim the Georgia Job Tax Credit, a state Hiring Tax Credit. The result was over $1 million in credit over several years. We also performed a review of all state tax credits claimed by this clients leading to over $500,000 in additional credits in various states.