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…)

Good news is in from the WOTC Coalition. We have been patiently waiting for guidance about the WOTC program’s two newest eligibility categories. In a private publication, which we received today, Paul E. Suplizio, President of the WOTC Coalition, stated his belief that long-awaited guidance would probably come from the IRS and U.S. Department of Labor within the next two weeks. (more…)