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The original item was published from 12/7/2020 5:16:00 PM to 12/9/2020 3:21:49 PM.

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Business Announcements

Posted on: December 7, 2020

[ARCHIVED] California $1,000 New-Hire Tax Credit for Small Business

mainstreetsmallbiztaxcreditDo you have a business with under 100 employees? Did you know the State of California recently passed a $100 Million program (SB1447) to give tax credits of $1,000 for each new hire qualifying small businesses made between July 1, 2020 and November 30, 2020?

If you hired, you need to act fast to claim the credit. You must register with the California Department of Tax and Fee Administration (CDTFA) - reservations are on a first-come, first-served basis starting December 1, 2020.

Go to the Main Street Small Business Tax Credit web page to see if you qualify and register.

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