FAQs for Indian Tribal Governments regarding Targeted Tax Benefits

General FAQs for Indian Tribal Governments regarding Targeted Tax Benefits

Insights into the types of credits available to entities that do business with and/or employ Native Americans.

FAQs for Indian Tribal Governments regarding the Indian Employment Credit

Insights into the intent of the credit; what are empowerment zones and enterprise communities; who can claim the credit and how; who are "eligible" employees and what are "qualified" wages; and how the credit affects deductions and other credits. Note: This credit expired for wages paid or incurred in tax years beginning after 12/31/2017.

FAQs for Indian Tribal Governments regarding the Work Opportunity Credit

Insights into the intent of the credit; who can claim the credit and how; who is a "targeted group employee"; what are "qualified wages"; and how the credit affects deductions and other credits. Credit is set to expire 12/31/2019.

FAQs for Indian Tribal Governments regarding the Empowerment Zone Employment Credit

Insights into the intent of the credit; who can claim the credit and how; what is a "qualified zone employee" and what are "qualified zone wages"; and what effect the credit has on deductions and other credits. Note: The Empowerment Zone Employment Credit has expired for qualified empowerment zone wages paid or incurred after 2017.

FAQs for Indian Tribal Governments regarding Special Depreciation Rules

Insights into special depreciation rules and section 179 deduction and recapture rules; what is "qualified" property and "qualified infrastructure" property; the definitions of enterprise zone and qualified zone businesses; and the limitations.