About Tax Incentive Finance ("TIF")
Tax Incentive Finance “TIF” advises, structures and aligns project owners and tax credit investors to maximize the return on investment and tax credit equity. We are dedicated to providing our corporate clients with the highest level of service, education and implementation in the tax credit marketplace. As part of a team we will assist to structure and implement the most efficient tax credit investment or tax credit purchase strategy that achieves our client’s desired outcome.
TIF and its affiliated companies, Tax Credit Finance, LLC, and the TCF HTC Funds assists clients with their federal, state and local tax incentives, tax credit investments and equity and financing requirements.
TIF’s clients have been able to lower their effective tax rates, secure tax credit equity, increase their cash flow, increase their after-tax earnings, and potentially improve their corporate image. These clients include companies from all industry sectors including retail, financial services, health care, technology, media and manufacturing.
The future is improving for tax paying companies and such there are numerous programs available offering economic and social incentives to reduce those improving tax liabilities. Our comprehensive approach assists investors, developers, intermediaries and others to manage risk and enhance value. We offer a full range of financial structuring, risk assessment and advisory services for multiple tax credit incentive programs.
Our team’s in-depth experience and relationships makes utilizing the tax incentives a simple and reliable process in every jurisdiction. We want to ensure that the tax syndication and lending procedures are a streamlined process so our clients can focus on their goal of increasing profitability. We value our clients’ business and strive to create on-going relationships by providing flexibility and efficiencies in areas where financial institutions are unable to do so.
Why TIF:
- TIF professionals have served a wide variety of clients, from the smallest start-ups to some of the largest Fortune 500 multinationals, in locations nationwide. We have been successful in politically sensitive situations, where state and local governments are balancing the need to be business friendly while managing tight budgets and political constraints. In these cases, we have developed winning strategies that benefit both clients and the state and local jurisdictions.
- The TIF team includes professionals with accounting, legal, and government relations backgrounds and offers extensive experience managing complex, multi-phased projects and negotiating successful results for our clients.
- Our team has extensive project management experience and have developed work plans, databases, and technical research to aide our clients.
- With offices in Providence, Rhode Island, Natick, Massachusetts, Austin, Texas and Charlotte, North Carolina, TIF has the geographic and local market expertise to assist clients with their tax credit syndication and consulting needs across the country. Along with our principals, TIF has the staffing resources in Providence to handle the most complex and time sensitive projects. Our staff of experienced professionals consists of CPA’s and Attorneys that have years of experience working in large Accounting and Law Firms and now focus solely on the tax credit syndication and tax incentive consulting.
Our Executives
Our team’s in-depth experience and relationships makes utilizing the tax incentives a simple and reliable process in every jurisdiction. We want to ensure that the tax syndication and lending procedures are a streamlined process so our clients can focus on their goal of increasing profitability. We value our clients’ business and strive to create on-going relationships by providing flexibility and efficiencies in areas where financial institutions are unable to do so.
Scot Butcher
Principal
Scot has over 24 years of experience in State and Local Tax, Business Incentives Advisory and Tax Credit Syndication.
Scot is a co-founder and principal of Tax Incentive Finance, LLC, located in Providence, Rhode Island and Boston, Massachusetts and Tax Incentives Consultants, LLC located in Providence, Rhode Island, Boston, Massachusetts and Charlotte, North Carolina. Scot consults with companies nationally securing federal, state and local economic development incentives and syndicates tax incentives nationally focusing on structuring complex transactions for tax-advantaged projects in the real estate industry, film industry and renewable energy sectors as well as syndicating all related state tax incentives. Scot works closely with companies that are expanding and relocating to negotiate and secure business and tax incentives and works with developers/producers early in the development process to help maximize tax credit benefits, identify potential tax credit issues and provide early syndication services to secure early sources of capital.
Through his career, Scot has secured in excess of $700 MM in Federal, State and Local incentive for his clients and has syndicated over $200MM in state and federal tax credits. Scot worked closely with the Massachusetts Legislature developing the Massachusetts Life Science Tax Incentive Program and Housing Development Incentive and works closely with State government and the development community on the benefits of tax programs, potential revisions to the program and revision impacts.
Prior to founding Tax Incentives Consultants and Tax Incentive Finance, Scot worked for more than 14 years at leading international public accounting and financial consulting firms where he built tax credit, business incentives and site selection practices while serving as a tax partner and managing director and was recognized as one of the nation’s leading business incentives, tax credit financing and public finance professionals. Before beginning his career in tax credit syndication, business incentives advisory and site selection consulting, Scot managed the Massachusetts State Revolving Loan Fund, financing more than $1 billion in infrastructure projects.
Anthony Gudas
Principal
Anthony has over 21 years of experience in State and Local Tax, Business Incentives, Advisory, Tax Credit Syndications and Real Estate Development.
Anthony Gudas is a CPA and a co-founder and principal of Tax Incentive Finance, LLC and Sakonnet Capital Partners, located in Providence, Rhode Island. Anthony is well known for being an industry leader in the financing and brokering of motion picture production tax incentives both nationally and internationally. Since 2005 Anthony has been involved with the financing of more than 80 films with budgets ranging from $500,000 to more than $60,000,000.
In addition to being one of the top business incentives and public finance professionals in the New England area Anthony is extensively involved in Federal and State historic tax credits, State motion picture production tax credits, Brownfields credits, state tax planning, incentives negotiations, public finance and site relocation and expansion consulting. Since 2002 Anthony has directly been involved with the syndication of more than $700MM of federal and state credits.
Prior to founding Tax Credit Finance, Tax Incentive Capital and Sakonnet Capital Partners, Anthony worked for more than 10 years practicing public accounting and consulting on various state tax matters for both small public firms and large national Big Five firms. Anthony also spent time working as an auditor for the Rhode Island Department of Revenue, and as a State Tax Manager for Textron Financial Corporation.
Scott Arrighi
Managing Director
Scott Arrighi bio hold
Lee Higgins
Consultant
Lee has more than 12 years of experience as a negotiated and statutory tax incentive professional. He is very effective in regards to managing projects around the often sensitive political environment surrounding incentive negotiations.
Lee is a dynamic negotiator who has successfully secured tax abatements, PILOT agreements, sales tax sharing agreements, employee training grants, job creation grants, sales & use tax refunds and other economic incentives that have a positive and direct impact upon the client’s bottom line. Being a highly articulate and effective communicator with solid platform and presentation skills, Lee is consistently asked to deliver client’s agenda and project summation to community and political leaders.
Lee joined Tax Incentive Finance, LLC after merging Business Economic Incentives, LLC, which Lee was Founder and President, with Site Selection Group, LLC a leading location advisory firm based in Dallas, TX. Lee’s background in incentives has spanned many industries and represents a broad base of clients.Popup text shown in the model body