We reported yesterday that the IRS has issued IRS Notice 2009-28, providing statutory definitions for the new WOTC eligibility categories of Unemployed Veteran and Disconnected Youth. There is more good news.
The IRS has issued a May 2009 revision of IRS Form 8850 “Pre-Screening Notice and Certification Request for the Work Opportunity Credit.” This revision includes pre-screening questions for the two new categories. (more…)

For you commercial real estate professionals, consider this recent press release from Creative Environments of Hollywood. This firm specializes in “creative and industrial Los Angeles lofts and office space.” As part of their methodology, they include an awareness of special tax benefits associated with the numerous state and federal tax-favored zones in that region. (more…)

Hot off the press! The Internal Revenues has just issued Notice 2009-28, which you are welcome to click and read if you are sufficiently brave and enjoy wading through IRS language. Notice 2009-28 provides expanded statutory definitions for the new WOTC employee-eligibility categories signed into law by President Obama in February. This expansion of the WOTC program was part of the American Recovery and Reinvestment Act. (Please see previous post: New WOTC Tax Credit Opportunities Arising from Stimulus Bill.) (more…)

Yuba City, California, one of multiple communities benefiting from the Yuba-Sutter Enterprise Zone, recently hired Darin Gale as its new Economic Development Manager. Read todays’ article in the Appeal-Democrat by reporter Ashley Gebb. (more…)