Use a Qualified CPA to Get California Tax Incentives

Being a Certified Public Accountant (CPA) is certainlythem! Even those who do know about the enterprise
not glamorous, but the fact is that without them,zone hiring tax credits often understate these when
business and the free enterprise system would notthey claim them. This in one good reason to have a
function nearly as well - if at all. For example - do youCPA on your side.
know how work opportunity tax cedits (WOTC) canWOTC California is another opportunity that too many
save you money? Do you even know what theentrepreneurs fail to learn about. Work opportunity tax
meaning of WOTC?credits are one way that the federal government is
California entrepreneurs who start and run businessesattempting to put Americans back to work while
may be very good at marketing and experts instimulating economic growth. If your business is located
whatever their businesses specialize in, but they don'tin certain disadvantaged areas and you are able to
always have good information on the latest regulationshire certain people who have been identified as target
that govern potentially beneficial things such as thegroups (certain minorities, veterans, ex-convicts who
enterprise zone hiring tax credit. Small wonder:meet certain criteria, etc.), you can take advantage of
legislators change these rules and and regulations asWOTC California.
often as average people change their socks. This isUnder current economic conditions, your
what a CPA is for: to help small businesspeople suchsmall-to-medium sized business needs every
as yourself to stay on top of rules governing the hiringadvantage it can get. Enterprise zone hiring tax credits
tax credit, the work opportunity tax creits and otherand work opportunity tax credits are two ways to
way that the law can be used to your advantage.help your business get ahead by saving on tax liability.
For example, both the federal and California offerIn addition, each time you take advantage of a hiring
businesses millions of dollars in tax credits to set uptax credit, you are helping your community by providing
shop in one of forty-two areas that have beenemployment to someone who might otherwise have
identified as economically disadvantaged; each ofdifficulty getting a job. Learn more about hiring tax
these is known as an enterprise zone. Hiring taxcredits and work opportunity tax credits by speaking
credits are rarely taken advantage of by thesewith an experienced CPA today.
entrepreneurs - simply because they don't know about