TAX SERVICES

Tax Credit/Incentive

We provide consulting services for the Work Opportunity Tax Credit (WOTC) and the California Enterprise Zone Tax Credit (EZ).

Work Opportunity Tax Credit: The Work Opportunity Tax Credit (WOTC) has been the cornerstone hiring-related tax credit in the U.S. for approximately 20 years. It is a Federal income tax credit applied against a company's income tax liability. The financial benefit to an employer is up to $9,000 for every qualified new hire--typically representing 15% of most company's new hires. There are numerous categories upon which a new hire may qualify.

California Enterprise Zone Tax Credit: The state of California created the California Enterprise Zone program in 1984 to encourage businesses operating in targeted geographic areas to create employment opportunities, purchase certain types of assets, motivate lenders to make loans to businesses in specific economic areas, and help businesses stay in these areas by easing state tax burdens. Currently there are 42 very large Enterprise Zones ("EZ's") across California.