Corporate Tax Incentives For Your California-Based Company
It can be tough to stay afloat in these tough economic times, but many California companies get a break when they qualify for corporate tax incentives. These might include enterprise zone credits, eco credits or federal hiring credits. When you combine them, they can drastically reduce the tax amount that your California company owes, and they will allow your company to help improve the economy in areas of the state that would benefit.Corporations will find some of the best corporate tax incentives when they are located in an enterprise zone. There are forty-two enterprise zones located throughout the state of California. These are economically depressed areas where the state wants to encourage businesses to set up shop and hire locals, and thus they offer enterprise zone credits to help attract corporations. If your company is located in one of the enterprise zones, then you may qualify for not
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