Industrial Tax Consulting (ITC)

Governor Greg Abbott just announced a $1.5 million Texas Semiconductor Innovation Fund grant to KoMiCo USA, supporting the expansion of their cutting-edge semiconductor manufacturing capabilities in Round Rock. As a trusted partner to KoMiCo, we at ITC are thrilled to see their continued growth and the state’s investment in high-tech manufacturing. Texas is solidifying its position as a leader in semiconductor innovation, and we’re proud to support companies like KoMiCo in navigating the complexities of property tax to fuel their success. Read more about this exciting development: https://lnkd.in/geUFbFvD #ITCtax #SemiConductors #TexasMfg #Manufacturing

Founder and CEO of Industrial Tax Consulting (ITC), Mark Dzeda is attending the 2025 DC Fly-In hosted by the Energy Workforce & Technology Council this week in Washington, D.C. This important event brings together industry leaders, policymakers, and advocates to discuss the policies shaping the future of the energy sector. The conversations focus on: ? Encouraging regulatory certainty to drive long-term investment and innovation ? Advancing permitting reform to unlock domestic energy potential ? Ensuring a balanced approach to onshore and offshore federal leasing ? Promoting free trade policies that support American energy leadership As a proud partner to many energy technology companies, we stand ready to unleash the full potential of American energy production — driving affordability, reliability, and efficiency for the future. We look forward to productive conversations with lawmakers and industry partners to ensure American energy continues to lead on the global stage. Industrial Tax Consulting (ITC) is proud to be a sponsor of this exciting event! #EnergyWorkforce #AmericanEnergy #DCFlyIn #EnergyPolicy #Advocacy #EnergyLeadership #ITCtax

??? Reporting live from Capitol Hill!? Energy Workforce Members spent the day engaging with policymakers, advocating for the energy services and technology sector and driving conversations that will shape the future of American energy. Presidents Tim Tarpley and Molly Determan are leading the largest fly-in to date, with over 40 members from diverse companies across the sector.? Together, we are advocating for policies that will drive innovation and unleash the full potential of American energy. ??? ?? Stay tuned for more updates. #UnleashAmericanEnergy Thank you to our sponsors. ProFrac Services, Mustang Cat, Industrial Tax Consulting (ITC), Halliburton, NOV, Baker Hughes

Recent legislative efforts in Texas aim to close a loophole that has allowed developers to obtain significant property tax exemptions through housing finance corporations (HFCs). This development has substantial implications for property owners and the broader community. Implications for Property Owners - Impact on Tax Rates: With the closure of this loophole, local governments may seek to adjust property tax rates to compensate for previously lost revenue. Property owners should be prepared for potential changes in their tax assessments. - Reassessment of Property Values: Properties that previously benefited from tax exemptions may undergo reassessment, leading to changes in their taxable value. It's crucial for property owners to stay informed about how these changes might affect their obligations. - Opportunities for Advocacy: Property owners now have an opportunity to engage with local officials to discuss fair tax practices and ensure that future policies consider the community's best interests. Navigating the evolving landscape of property taxation can be complex. Industrial Tax Consulting (ITC) is dedicated to providing you with up-to-date information and personalized guidance to help you understand and manage the implications of these legislative changes on your property taxes. https://lnkd.in/eyVWYEuU #PropertyTax #TexasPropertyOwners #ITC

Serve Clients. Prioritize Trust. Reduces Taxes. That is the Industrial Tax Consulting (ITC) way. #ITCtax #PropertyTax #ServeClients

As we end the week, on the behalf of the Midland Chamber of Commerce, I want to extend another heartfelt THANK YOU to the sponsors that made Midland-Odessa Legislative Days a success! Presenting Diamondback Energy Rig Sponsor Priority Power Well Sponsors Chevron ConocoPhillips ExxonMobil Oxy Pumpjack Sponsors Arrington Oil and Gas Operating LLC Atmos Energy Frost Oncor Electric Delivery Permian Basin Petroleum Association (PBPA) Derrick Sponsor First Baptist Church of Midland Barrell Sponsors Air Compressor Solutions, Inc. Industrial Tax Consulting (ITC) Parkhill Premier Energy Services

Industrial Tax Consulting (ITC) had a wonderful time at the Midland and Odessa Legislative Days in Austin, TX this week! It was great to hear from members of the Texas Legislature while spending time with industry leaders of the Midland-Odessa area. #ITCtax #MidlandOdessaLegislativeDays #AustinTX #OilandGas #Energy

Industrial Tax Consulting (ITC) had the pleasure of attending the Midland Chamber of Commerce 8th Annual State of Oil & Gas Luncheon. This insightful event brought together industry leaders to discuss the future of energy security and the vital role oil and gas play in shaping our economy and communities. We’re proud to be part of the conversation surrounding innovation and collaboration within this essential industry. https://lnkd.in/e8Jsuxhg

Industrial Tax Consulting (ITC) had the pleasure of attending the Midland Chamber of Commerce 8th Annual State of Oil & Gas Luncheon. This insightful event brought together industry leaders to discuss the future of energy security and the vital role oil and gas play in shaping our economy and communities. We’re proud to be part of the conversation surrounding innovation and collaboration within this essential industry. https://lnkd.in/e8Jsuxhg