This month California’s legislature and the governor’s office have put forth legislation to dramatically alter the California Enterprise Zone Program (CA EZ). First, SB 434 passed the California Senate Governance and Finance Committee along a party-line vote and now heads…
Colorado Enterprise Zone Revision Colorado has limited the credit for new business facility employees to income tax years beginning before January 1, 2014, and repealed the credit effective December 31, 2019; enacted a new credit for income tax years beginning…
Maximize the value of the WOTC program now before it is too late! Two upcoming webinars available to learn more about IRS ruling on WOTC retroactivity and how to take advantage of it! Sign up now before it is too…
Maximize the value of the WOTC program now before it is too late! Join us for a Webinar on Friday, March 15 at 1:30PM EDT - Learn about the recent IRS ruling on retroactivity, and what you need to know to…
A short duration opportunity exists to retroactively take advantage of the WOTC Program. Companies may retroactively screen for WOTC qualifiers. Per IRS Notice 2013-14 released Friday, March 8, the 28-day deadline for submitting IRS form 8850 for qualifying employees has…
A potential opportunity to earn additional tax credits for WOTC qualifiers is available to companies willing to resubmit 8850s for certification. Per IRS Notice 2013-14 released Friday, March 8, the 28-day deadline for submitting IRS form 8850 for qualifying employees…
Concerned about record high unemployed among New York youth, Senate bill 3763-2013, sponsored by Kennedy and referred to the Labor Committee, proposes to extend through 2014 the New York Youth Works tax credit program which provides tax incentives to employers…
The New Jersey General Assembly approved the “New Jobs for New Jersey Act” (A-3312/S-2211), a bill sponsored by Assemblymen Burzichelli, Singleton, DeAngelo, Benson, Coutinho, and Ramos, which establishes a New Jobs for New Jersey tax credit program to provide incentives…
The City of Henderson in North Carolina has received an Urban Progress Zone Tax Credit Designation through December 31, 2014. This designation is meant to encourage businesses of all sizes to locate and expand in economically distressed areas. Businesses located…
When employers are deficient in providing training to their workforce, businesses experience skill gaps, compromising employers’ ability to compete, expand, and retain workers. This is where Incumbent Worker Training (IWT) Grants come into play. IWT Grants provide funding for training…
