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Generating CA Tax Benefits

The Enterprise Zone Program provides incentives for businesses located in designated areas of the state.  There are currently 42 local Enterprise Zones (EZ) in California.  Each Enterprise Zone has its own coordinator, as well as administrative rules and regulations outlining the requirements for qualification within the EZ.

There are several incentives available to businesses located in a California Enterprise Zone.  However, since this program has not been well publicized, many companies have not taken full advantage of the benefits and credits available.  The two most lucrative are the Sales and Use Tax Credit and the Hiring Credit; both of which can be claimed against a company's and its owner's California franchise and income tax liabilities.

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Generating CA Tax Benefits