Archive: scif

  • Clear Filters

Government Contractors: Are You Missing Out on Valuable Tax Credits?

If you’ve ever had the nagging suspicion that your company is paying too much in taxes, chances are you’re right.  At a recent webinar hosted by Aronson LLC, tax experts Michael Colavito and Jim Fennel highlighted the wide variety of state tax credits available within the mid-Atlantic region, many of which often go unnoticed by […]
December 9, 2013

Maryland Increases and Decreases Security Clearance & SCIF Credits

The Maryland legislature has increased the income tax credit for employer costs related to obtaining federal security clearances and constructing or renovating sensitive compartmented information facilities (SCIF) within Maryland (L. 2013, c. 482, § 1). The legislation also enacted an additional credit for first year rental payments for spaces leased in Maryland by a small […]
June 5, 2013
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  • Aronson

Maryland Tax Alert: Securing a Big Tax Credit for Security Clearance and SCIF Expenses

Maryland recently enacted a new income tax credit for individuals and corporations for qualifying expenses with respect to: (1) security clearance administrative expenses incurred with regard to an employee in the State; and/or, (2) construction and equipment costs incurred to construct or renovate sensitive compartmented information facilities (SCIF) located in Maryland. Credit Amount: The credit […]
May 15, 2012
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  • Aronson