ALLIANCE TAX CREDIT CONSULTING, INC.
Your California "EZ" Partner
Our agency specializes in obtaining refunds and saving money for companies by helping
them implement the California Enterprise Zone (CAEZ) Tax Incentive Program.
For almost 20 years, the government has offered significant rewards to companies in
underdeveloped areas.
Yet most eligible businesses have ignored them. Why? They simply don't know these
program exist! That's where Alliance Tax Credit Consulting, Inc. comes in. We are
specialists in this field. We uncover the full range of benefits you have been missing and we
handle all the daunting paperwork.
And you pay absolutely nothing unless and until you collect.
RESULT: YOU SAVE TENS OF THOUSANDS OF DOLLARS WITH MINIMUM EFFORT.
In today's unprecedented economic recession, put real money back into your business. Take advantage of the power of the ZONE!
What is CAEZ?
The Enterprise Zone is a State of California economic initiative that rewards companies that do business in the designated economically distressed areas throughout the state. These could mean thousands of dollars in tax refunds to the company. In addition, it may significantly reduce or eliminate their state income tax liability.
What is WOTC?
The Work Opportunity Credit (WOTC) provides you with a Federal tax of $2,400 and sometimes up
to $9,000 per qualified employee. As it is a Federal credit, every company qualifies for the credit.
Program Purpose:
The program was established to promote business investment and creation of jobs. The Enterprise Zone Designation also encourages the opening or relocating of a company by providing special state and local tax benefits to companies by means of significant credit savings and reduced business costs. It was designed to create and sustain economic expansion in selected California cities.
Enterprise Zone Tax Benefits and Rewards:
Enterprise Zone companies may be entitled to substantial tax credits and benefits including:
Hiring Credit. A qualified business may reduce its state income tax by a percentage of wages paid to one or more qualified employees over a five-year period. More than $37,400 in tax credits is available per qualified employee. You may carryover this credits until they are exhausted.
Sales and Use Tax Credit. A company may reduce its state income tax by the amount of sales or use tax
paid on the cost of qualified equipment or machinery parts purchased for
exclusive use in the Enterprise Zone. Qualified equipment includes assets such
as manufacturing, data processing, office, audio/video, and computer service. Again,
you may carry over these credits until they are exhausted.
Net Operating Loss Carryover. You may deduct up to 100% Net Operating Loss Carryover (NOL) for
individuals or corporations doing business in the Enterprise Zone. NOL may be
carried over for up to 15 years.
Net Interest Deduction for Lenders. Lenders can earn a deduction from
income on the amount of net interest earned on loans made to Enterprise Zone
businesses. Businesses looking for an edge in applying for a loan should bring
this credit up with your lender.
To start gaining these benefits, just contact us. We will come to your location for a brief, complimentary review to see if your business qualifies.
Alliance Tax Credit Consulting, Inc.
3017 Santa Monica Blvd., Suite #201
Santa Monica, CA 90404
Phone: (310)305-2823
Cell: (310)902-9253
Fax: (310)305-1371
Email: gerald@alliancetaxcredit.com
