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State Tax Incentives

To give all Californians a chance for a better life, the State of California supports businesses that offer jobs to underserved groups from communities within its designated Enterprise Zones and Los Angeles Revitalization Zones. By offering tax credit incentives to companies in these Zones, it hopes to encourage business growth and community development.

Universal Tax Services specializes in the following California State hiring tax credits:

Enterprise Zone Hiring Credit

If your business is located in an Enterprise Zone and you answer “yes” to any of the following questions, the Enterprise Zone Hiring Credit program will help you get ahead:

  Do you want to reduce your tax liability?
  Do you have a high staff turnover?
  Is your business expanding?
  Are you setting up a new business?

If your business is located in a LARZ and you answer “yes” to the following question, the LARZ Hiring Credit program is right for you:

   Was your current business operating between 1995 and 1997?

Two Generations of Success

“Like many other business owners, my father had always been too busy building his company to look into the tax incentives offered by the State. But after I joined the family firm and a friend referred me to Universal Tax Services, I took the time to investigate the Enterprise Zone program. We signed up with Universal Tax Services at the end of 2002 and received prompt and professional help in claiming a cash refund of $155,000, with an additional $22,000 interest. This contributed to our decision to relocate to a bigger facility in Gardena in 2004 to continue to grow our business.”
Jimmy Chen, General Manager, Mega Metals, Gardena (formerly JYIC in Santa Ana Enterprise Zone)



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