Services: U.S. Empowerment Zone Employment Credits

The Empowerment Zone Employment Credit (EZ Wage Credit) and Renewal Community Employment Credit (RC Wage Credit) give businesses an incentive to retain or hire individuals who both live and work in an Empowerment Zone (EZ) or a Renewal Community (RC), respectively. (Individuals who work in the DC Enterprise Zone may live anywhere in the District of Columbia.)

Businesses can claim the credit if they pay or incur “qualified zone wages” to a qualified employee. The credit can be as much as $3,000 per qualified employee per year for the EZ Wage Credit and up to $1,500 for the RC Wage Credit.

Find out more.  Find out if your business operates within a federal Empowerment Zone or Renewal Community.  Please give us a call toll free at (888) 498-1114 or send an email to inquire@ZoneCentrix.com for more information.  We will gladly answer your questions and explain how to make it work for you.

Links

Tax Incentive Guide for Businesses in the Renewal Communities, Empowerment Zones, and Enterprise Communities 

Tour Federal Zones by State

US Department of Housing & Urban Development, Community Renewal Initiative

Rural Empowerment Zone and Enterprise Communities