Is your company located in a California
Enterprise Zone?
In addition to sales and use tax, we specialize in enterprise zone hiring and sales/use tax credits. It has been our experience that many of the criteria available to employers to qualify their employees for the hiring credit are not utilized. Consequently, many employees that should qualify for the credit are not included in the calculation.
Furthermore, we have strong relationships with enterprise zone coordinators allowing us to streamline the vouchering process. A voucher is required to qualify the employee for the credit.
Our services focus on examining employee records to determine if employees not previously qualified will in fact qualify for the credit. We obtain the vouchers from the enterprise zone coordinator, then use your payroll information to compute the available credit. Once that is completed and the vouchers are received, we work with your CPA to amend your state income tax returns for the additional credit.
As a side note, we do not compete with your CPA in any way. We merely provide the support to allow the CPA to claim the credit on your tax return. Without this support, the CPA could not claim the credit; however, CPA’s generally do not perform the tasks related to the detailed examination of the employee records.
With regards to the other available state income tax credits, we will examine your returns to determine if all available credits have been utilized and include any additional credits in our project.
Our fees for this project can be computed on either an hourly or contingent fee arrangement. Under the contingent fee arrangement, our fees are computed as a percentage of the refunds received or the credit utilized. No fees are due unless an actual benefit is received.
