New California Enterprise Zones

The state of California has approved a new enterprise zone that consists of a partnership between the county and city of Los Angeles and the city of Huntington Park that will bring a number of benefits to the communities of Florence-Firestone, the eastern section of Watts, Willowbrook, Wilmington, Walnut Park, Rancho Dominguez, West Rancho Dominquez, West Carson, San Pedro, Harbor City, and Harbor Gateway.

The benefits are available beginning May 1 and continue in force for the next 15 years.

Called Harbor Gateway, it is one of 42 enterprise zones scattered around the state, and officials have been seeking the designation since 2009.

The idea behind the designation is to attract businesses that will bring jobs to these communities, which typically have higher unemployment, lower incomes and continue to lag behind the county and the nation in recovering from the recent recession.

Continue Reading:
http://ourweekly.com/los-angeles/state-finalizes-enterprise-zone-designation

About CMS

CMS helps companies of all sizes save money by taking advantage of the Work Opportunity Tax Credit. Call Brian Kelly at 1-800-517-9099 today to see if it makes sense for you.

Who are your heroes?

 
For more than 40 years, presidents have presented the Citizens Medal to Americans who have performed extraordinary acts of service for their country or their fellow citizens.

Now we're looking to honor a new group of heroes, and we need your help.

Take a moment to nominate Americans who have performed exemplary deeds of service outside of their regular jobs and who have provided inspiration for others to serve.

You can view the full criteria and get started on a nomination here:

Work Opportunity Tax Credits In The News

Keep up-to-date with the latest news on Work Opportunity Tax Credits (WOTC) with our blog. We monitor all the legislative news and updates to keep you informed. Here are some of the latest WOTC news updates from around the web:

• Rebuild America Act Introduced, seeks to extend the Work Opportunity Tax Credit through 2015 
• U.S. Helping Veterans, Families Find Jobs
• Expanded WOTC Available For Hiring Veterans
• Work Opportunity Tax Credit "WOTC" Renewal Status
• Hiring Ex-Offenders
• IRS Gives Guidance on Veterans Tax Credit

Follow us on Twitter, Facebook, LinkedIn and our Blog to keep informed.

About CMS

CMS helps companies of all sizes save money by taking advantage of the Work Opportunity Tax Credit. Call Brian Kelly at 1-800-517-9099 today to see if it makes sense for you.

Rebuild America Act Introduced, seeks to extend the Work Opportunity Tax Credit through 2015

Senator Harkin (D-IA) introduced S. 2252, the Rebuild America Act of 2012.

A bill to rebuild the American middle class by creating jobs, investing in our future, building opportunity for working families, and restoring balance to the tax code.

The bill seeks to improve the employment and economic security of America’s middle class. Among its many provisions, the bill proposes to strengthen Social Security through a balanced approach that advances solvency of the Social Security Trust Funds while also enhancing the benefit calculation formula and annual cost-of-living adjustments for all Social Security programs, including Supplemental Security Income.

The bill also proposes to extend the Work Opportunity Tax Credit (WOTC) program through 2015 and to expand and increase the WOTC for workers with disabilities.  The bill was referred to the Committee on Finance.

Source: http://insider.thearc.org/tag/work-opportunity-tax-credit-wotc/