State & Local Tax Credits and Incentives

Maximize Your Savings with SALT Credits


For transportation companies with multistate operations, SALT credits present a valuable opportunity to reduce costs and enhance profitability. Our expert advisors continuously monitor and align these credits with your operations, ensuring you unlock the full potential of available tax savings. With our strategic guidance, you can optimize financial benefits while staying focused on growth.


Let’s drive your success—contact us today!

Maximizing SALT Credits & Incentives for Transportation


We help clients navigate the complexities of SALT credits and incentives, allowing them to make business decisions to minimize their tax payments and maximize potential tax credits.

We help businesses plan and implement initiatives related to tax credits and incentives tailored to their organization's needs and strategy, ensuring they meet the requirements and maintain documentation as needed for claims.

What Are State & Local Tax Credits and Incentives?

The experts at Transportation Tax Consulting consult with clients to navigate the complex and ever-changing world of state and local government tax credits.


State and Local Credits & Incentives (SALT Credits) refer to financial benefits offered by state and local governments to encourage business activities such as investment, job creation, and economic development. These incentives help companies reduce their tax liabilities and operating costs while supporting economic growth in specific regions.


Types of SALT Credits & Incentives:

  1. Investment Tax Credits (ITCs) – Tax reductions for purchasing eligible equipment, infrastructure, or property improvements.
  2. Job Creation & Workforce Development Credits – Incentives for hiring employees, particularly in targeted industries or regions.
  3. Property Tax Incentives – Reductions or exemptions on property taxes for businesses investing in new facilities or renovations.
  4. Sales & Use Tax Exemptions – Exemptions or refunds on sales taxes for specific purchases, such as manufacturing equipment or fuel.
  5. Fuel & Energy Incentives – Credits for using alternative fuels, energy-efficient equipment, or participating in green initiatives.
  6. Transportation & Logistics Incentives – Tax breaks for companies operating in key freight corridors or making infrastructure investments.
  7. Research & Development (R&D) Tax Credits – Incentives for companies engaged in innovation, process improvements, or product development.
  8. Training Grants & Workforce Development Programs – Funding for employee training and upskilling to meet industry demands.


Why They Matter for Transportation Companies:

For transportation and logistics businesses operating in multiple states, SALT credits can significantly reduce costs related to fuel, equipment, property taxes, and compliance. Properly leveraging these incentives improves cash flow, operational efficiency, and long-term profitability.

10+

YEARS OF SERVICE

720

CLIENTS

2300

COMPLETED PROJECTS

115 M

DOLLARS SAVED

INTEGRITY

To be honest with everyone, and always keep your word.

HONESTY

Uprightness of character or action, and the refusal to lie, steal, or deceive in any way.

RESPECT

Being considerate and honoring the feelings, opinions and property of others.

EDUCATE

Teach better ways of doing something or a better way of living.

LOYALTY

Faithfulness to commitments
or obligations.

TEAMWORK

Process of working collaboratively with a group of people to achieve a goal.

our refined technique

Transportation Tax Consulting employs a refined technique that combines detailed industry knowledge with strategic insight. This approach ensures precise analysis of tax regulations, customized solutions, and proactive compliance strategies, delivering consistent and effective results for our clients in the transportation sector.

SALT Credit Benefits for Transportation Companies

Transportation companies, especially those with multistate operations, can take advantage of SALT credits in their operating locations. Our advisors monitor and match these opportunities to client operations to maximize their strategic, operational, and financial benefits.

Types of State & Local Tax Credits and Incentives Available


Transportation-related businesses are subject to a wide range of SALT taxes counterbalanced by various incentives. The varying tax credits available from one location to the next can influence decisions about where to invest or domicile specific properties. Transportation Tax Consulting advises clients regarding property-related tax credits and incentives.


We also offer services to help businesses benefit from alternative fuel or other excise tax credit opportunities. These tools allow businesses to meet their broader organizational goals and save money by reducing their tax payments.

Fuel and Energy Efficiency Credits


It is critical that companies accurately track and report their motor fuel and IFTA taxes. We help companies hone their tracking and reporting processes to minimize the tax burden and ensure efficient compliance.

Infrastructure and Capital Investment Incentives


Our advisors can assist your organization in identifying and claiming state and local incentives for your investments that advance infrastructure, clean energy, and other targeted initiatives.

Employment and Workforce Development Credits


Your company may qualify for workforce development credits for hiring and training targeted groups like veterans. We help maximize these benefits through strategic labor-management guidance.

Tax Professionals you can trust


Trust our tax professionals to navigate the complexities of transportation tax with precision and dedication. Learn more about our leadership team and their extensive experience here.

  • Slide title

    MATTHEW M. BOWLES

    Button
  • Slide title

    JAMIE HAMMONS

    Button
  • Slide title

    GINA GOODSON

    Button
  • Slide title

    DONNA P. BOWLES, CPA

    Button

Schedule a Consultation Today

Transportation Tax Consulting is ready to help with your transportation tax and incentive planning, monitoring, and compliance needs. Whether you need strategic guidance or assistance executing your strategy, our Transportation Tax Consulting team offers a range of support services. Contact us today to start the process!

SCHEDULE NOW

DISCOVER OUR OTHER TAX SERVICES

Ensure compliance with transportation-specific sales and use taxes with expert services tailored to optimize efficiency and minimize risks.

HEAR FROM OUR CLIENTS

We have used Matthew for 10 years or so. We use his company for all our tag and title work for all our tractors and trailers. In addition, he has saved us well over a couple million dollars in sales, property, and fuel taxes over the years. His knowledge and expertise in the transportation tax and compliance area is probably one of the best if not the best in the country.

- Rick Ingram, President/CEO Centurion Auto Holding Company, Jacksonville

We have used Matthew for 10 years or so. We use his company for all our tag and title work for all our tractors and trailers. In addition, he has saved us well over a couple million dollars in sales, property, and fuel taxes over the years. His knowledge and expertise in the transportation tax and compliance area is probably one of the best if not the best in the country.

- Rick Ingram, President/CEO Centurion Auto Holding Company, Jacksonville

Matthew's team at Transportation Tax has always been very professional and reliable. Their Commitment to help get our business in compliance has been remarkable. I recommend you reach out to TTC for assistance with your business. I am open to talk to anyone that would like to know what they've done for us. Just reach out.

- Deanna Fausett, Treasury and Compliance Controller at Lazer Logistics

REACH OUT TO US WITH ANY INQUIRIES OR TO SCHEDULE A CONSULTATION

At Transportation Tax Consulting, we're here to help with all your transportation tax needs. Whether you need guidance or have specific inquiries, our team is ready to support you. Reach out today!

SALT Credit and Incentives Contact Us Form

Share by:
reCAPTCHA demo: Simple page