Dial back your taxes by choosing a woman-owned company for your next commercial move

American Moving & Installation is proud to be the only 100% women-owned union commercial mover in Massachusetts.

In our state, there are tax incentives and programs that encourage companies to hire women-owned businesses like American Moving & Installation for corporate office, bioscience & healthcare, hotel & hospitality, or higher education relocations. We've gathered some information for you to learn more about these opportunities:

Supplier Diversity Program Tax Credit: Massachusetts offers a tax credit to businesses that participate in the Supplier Diversity Program. This program encourages companies to engage with minority-owned, women-owned, veteran-owned, and disability-owned businesses. Eligible businesses can claim a credit equal to 10% of the certified supplier diversity purchases, up to a maximum of $100,000 per year. https://www.mass.gov/supplier-diversity-program-sdp

Small Business Purchasing Program: Massachusetts has a Small Business Purchasing Program, which encourages state agencies to purchase goods and services from small businesses, including women-owned and minority-owned businesses. While not a direct tax incentive, this program can create more opportunities for these businesses and support their growth. https://www.mass.gov/service-details/learn-about-the-small-business-purchasing-program-sbpp

Workforce Training Fund: The Workforce Training Fund offers grants to Massachusetts businesses for employee training and development. Companies that hire women-owned or minority-owned businesses for relocation-related services may be eligible to receive training grants to enhance the skills of their workforce. https://www.mass.gov/service-details/workforce-training-fund-programs-wtfp

Economic Opportunity Area (EOA) Tax Incentives: The Economic Opportunity Area program provides tax incentives to businesses relocating or expanding in designated areas of Massachusetts. While these incentives are not specific to hiring women-owned or minority-owned businesses, they can provide financial benefits for overall relocation projects that incorporate such businesses. https://www.mass.gov/service-details/economic-opportunity-area-credit-eoac

It is important that you review the official websites of these programs (links provided above). You can also consult with the Massachusetts Department of Revenue, the Supplier Diversity Office, or the Massachusetts Office of Business Development for detailed/up-to-date information on tax incentives for hiring women-owned or minority-owned companies during relocations.