Additional answers to Frequently Asked Questions (FAQs) about the HIRE Act’s 2010 Payroll Tax Exemption (PTE) have been published on the IRS website. Of particular interest should be the expanded FAQs about how to claim the PTE, including a new code on the form W-2 for employees whose wages are claimed under the program (see FAQ#25).
Oh, what the hey. I’ll just copy a load of them here for your convenience. (more…)
Tag: Business Facilities The Location Advisor
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I pulled the title of this post from an article today by Jay Prag, a professor of economics and finance at the Peter F. Drucker School of Management in Claremont. His opinion piece was published Thursday in the Capitol Weekly: The Newspaper of California Government and Politics. (more…)
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Today in the Fontana Herald News, there is a short article announcing an upcoming workshop in San Bernardino. Here’s the announcement in full.
If you are interested, please take special note of the RSVP requirement in the last paragraph.
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Yes, it’s true. Our friends at the Shasta Metro Enterprise Zone have posted an updated address range list for the EZ’s Targeted Employment Area or “TEA.”
You ask, “What is a Targeted Employment Area?”
I answer, one of the many ways in which an employee can qualify to trigger California’s enterprise zone Hiring Credit for their employer is by residing within a Targeted Employment Area at the time of hire. It is what is says — an area targeted by the enterprise zone for increased employment opportunities. These are economically depressed residential areas that tend to suffer higher rates of unemployment. (more…)PUBLISHED IN
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San Bernardino County Supervisor Paul Biane published this interesting oppinion piece about his county’s support of private enterprise. It was published yesterday in The San Bernardino Sun. I particularly appreciate his mention of the San Bernardino Valley Enterprise Zone. (more…)
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Last week, Illinois Governor Pat Quinn signed into law a new state budget that includes a new tax credit for small businesses. (more…)
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The Hesperia Enterprise Zone went live on April 1, 2010, when its formal designation was finalized by the California Department of Housing and Community Development.
That’s good news for businesses located within the new enterprise zone. It is also good for prospective employees throughout the region. The enterprise zone is designed to attract and retain business and to create jobs though investment and hiring incentives. (more…)PUBLISHED IN
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Good news for many businesses in Merced County California! The Merced County Board of Supervisors voted on Tuesday, April 13, to expand the Merced County Regional Enterprise Zone by approximately 1,877 acres.
California’s Enterprise Zones Hiring Credit program routinely provides $12,000 or more in state income tax credit per employee to businesses that hire qualifying workers within a zone. That’s just for the first year of employment! Tax benefits continue to accrue for up to 60 months of employment. (more…)PUBLISHED IN
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It hit the news today as Representative Lynn Jenkins, R-KS announced her Hire A Hero Act of 2010 during a press conference at the Museum of the Kansas National Guard. H.R.4859 was referred to the House Committee on Ways and Means earlier this year on March 15th. (more…)