Wondering about the EZ credit and where to get the best answers? Well, you’ve come to the right place as we will tell you all about this tax credit that gives businesses located in Empowerment Zones the opportunity to get a tax credit of up to 20 percent on money paid out as wages to their employees. Companies can also receive an additional $3,000 per employee annually when they hire local residents within that zone!
What are Empowerment Zones?
Designed to alleviate poverty and improve quality of life, the US Congress has established three program zones – Renewal Communities (RCs), Empowerment Zones (EZs) and Enterprise Communities (ECs). These highly distressed communities can be urban or rural-based as defined by law. When eligible, they are rewarded with a combination of grants, tax credits for businesses, bonding authority and other benefits.
How Much Are the EZ Tax Credits for 2022 and 2023?
A business can get up to $3000 in federal income tax credits for each qualified new hire. This is a great opportunity for all: your business, communities, employees, and the government.
Should You Get Help in Applying for the EZ Tax Credit?
Although this credit helps your employees, community, the government, and more, you should get expert assistance when applying. The complicated instructions and requirements could delay your approval or even worse, result in a rejected application. Be sure to seek the help of a company that specializes in getting well-deserving businesses and business owners the appropriate tax credit(s) they are entitled to.
What Company Specializes in Helping You Apply for the EZ Tax Credit?
McKenzie Chase can assist you with the Empowerment Zone Tax Credit (EZ). We strive to inspire a holistic approach towards economic development—connecting businesses and talent with communities in need of employment. Our innovative program offers tax incentives that benefit both employer and employee alike; providing meaningful opportunities for those living in poverty-stricken areas while also powering up business success stories.
When you choose to apply for the credit through McKenzie Chase, here’s what we do for you:
40 years of unparalleled experience—we know the ins and outs of how to get credits for you
- Current tech prevents any errors in the application process
- Excellent ROI when you choose to trust the experts
- Corporate reporting for you, even if you’re not a corporation
- Elimination of financial risk—you only pay if you get the tax credit
You have nothing to lose and only prosperity, savings, and the possibility of making a giant, positive impact to gain. That’s a lot! Read more here for all the info you need about the Empowerment Zone tax credits (EZ) and reach out to us with your questions. We are always here for you.
Here’s how to contact us: (866) 547-8277, SMS/Text (206) 858-8048, Book a Meeting https://calendly.com/mc-mctr/15minroi
