Enterprise Zones Program
Each year companies leave billions of dollars in Federal and State tax credits
|CALPASC is proud to announce a strategic alliance with Professional Solutions Group LLC (“PSG”) to provide valuable Federal and State Tax Credit consulting to its members. PSG is a leading provider of federal and state tax credit services throughout California and its founders have over 30 years of experience with the California Franchise Tax Board.
and incentives unclaimed. Whether through lack of knowledge or time constraints, most companies fail to take
advantage of these government programs designed to reduce operating costs and/or eliminate their income tax liabilities.
What’s an Enterprise Zone?
The California Enterprise Zone Program (EZ) was established in 1986 to stimulate economic development. Enterprise Zones provide tax incentives for businesses to invest in distressed areas and to hire targeted employees.
Businesses located within an Enterprise Zone are entitled to state tax credits during the 15-year lifetime of each zone.
If you’ve applied for Enterprise Zone tax credits before
The Enterprise Zone Program continues to evolve. Many zones are beginning to expire, boundaries are changing, and new regulations have taken effect. At the same time, new zones are being designated.
We’ll help you determine what these changes mean for you – and ensure your company receives the maximum benefits available.
If you’re new to the Enterprise Zone Program
You truly could be sitting on a goldmine. A single qualified employee could be worth more than $35,000 to your company. Many of our clients completely eliminate their state tax liability. But first you need to apply. That’s where PSG comes in.
- Explain the full range of state and federal tax credit programs applicable to your business… Enterprise Zone, LAMBRA, WOTC and others.
- Determine your eligibility for each incentive, credit or benefit.
- Make a thorough examination to find refund opportunities.
- Handle all certification paperwork and calculate your tax credits.
- Establish a recurring, non-intrusive process for screening employees.
- Coordinate with your CPA to ensure the credits are properly applied.
No Risk, No Cost Analysis
Fee structures are reasonable and flexible. We want you to get the maximum benefit from the services, not pay the maximum amount for them. PSG will conduct an initial assessment – at no cost – to determine your potential benefit. If PSG can’t identify any savings, you won’t pay a dime.
In addition to great services, PSG will rebate to CALPASC a portion of our standard income in exchange for the opportunity to serve CALPASC members. Therefore this is a “win/win/win” relationship – a win for the member company (tax refunds); a win for CALPASC (affinity income); and a win for PSG (new clients for our services).
To find out more about Professional Solutions, you can visit our website at www.prosolutionsllc.com or call Joseph Abdallah at 916-705-9653.
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