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Hiring Credits Brochure

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A Partnership Between Tell Me More!<br />

The San Joaquin County Enterprise Zone is one of<br />

only 42 Enterprise Zones throughout California.<br />

Designed to encourage business expansion and<br />

retention, Enterprise Zones translate to California<br />

tax savings and incentives that can substantially<br />

reduce operating costs for businesses located within<br />

an Enterprise Zone.<br />

In addition to the <strong>Hiring</strong> <strong>Credits</strong>, your business may<br />

qualify for:<br />

Sales and Use Tax <strong>Credits</strong><br />

Business Expense Deductions<br />

Net Operating Loss Carryover<br />

Net Interest Deductions<br />

Local Incentives<br />

is a regional program available to many employers<br />

in Lodi, Manteca, Lathrop, Tracy, Stockton and<br />

unincorporated areas of San Joaquin County.<br />

<strong>Hiring</strong> Tax <strong>Credits</strong> are just one of the various ways<br />

you can benefit from locating in the San Joaquin<br />

County Enterprise Zone. Contact us today to find<br />

out how we can help with your specific needs.<br />

56 S. Lincoln Street • Stockton, CA 95203<br />

209.468.3615 • ezmanager@sjcworknet.org<br />

HIRING CREDITS<br />

www.sjcez.org


<strong>Hiring</strong> <strong>Credits</strong><br />

Established June 22, 2008, the San Joaquin County<br />

Enterprise Zone is a tax benefit program designed<br />

to reduce the cost of doing business. Any business<br />

located within the enterprise zone boundaries,<br />

whether you are a mom and pop operation or multinational<br />

corporation may be eligible to earn tax<br />

credits.<br />

One of the most<br />

valuable benefits of<br />

locating or operating<br />

a business within an<br />

enterprise zone are<br />

the hiring credits.<br />

By hiring a qualified employee and applying for a<br />

“voucher”, your business may save more than<br />

$37,400 over a period of five years for each qualified<br />

employee.<br />

Our staff can help you find employees that qualify<br />

for hiring credits and will help you establish a system<br />

for streamlining the voucher application process.<br />

Qualified Employees<br />

Qualified employees include individuals who<br />

immediately preceding hire were in one of the<br />

following categories:<br />

Resident of a Targeted Employment Area (TEA)<br />

Dislocated Worker<br />

Vietnam Era Veteran<br />

Native American, Native Samoan, Native<br />

Hawaiian, or member of another group of<br />

Native American descent<br />

Disabled Individual<br />

Enrolled in, or eligible for, Workforce Investment<br />

Act services - Intensive or Core B<br />

Eligible for CalWORKS<br />

Qualified for the Work Opportunity Tax Credit<br />

(WOTC)<br />

Economically Disadvantaged<br />

Ex-offender<br />

Recipient of, or eligible for, public assistance<br />

The Voucher Process<br />

To obtain a <strong>Hiring</strong> Credit Voucher, an employer can:<br />

1.<br />

2.<br />

3.<br />

Download and complete the Voucher<br />

Application at www.sjcez.org for qualified<br />

employees.<br />

Attach the documentation to verify the<br />

employee’s eligibility (further information on<br />

acceptable documentation is available at www.<br />

sjcez.org)<br />

Submit the Voucher Application, the eligibility<br />

documentation, and the required fees to:<br />

Economic Development Association<br />

56 S. Lincoln Street<br />

Stockton, CA 95203<br />

Additional assistance with the voucher process can<br />

be obtained by contacting staff at:<br />

56 S. Lincoln Street<br />

Stockton, CA 95203<br />

Phone: (209) 468.3615<br />

ezmanager@sjcworknet.org<br />

www.sjcez.org

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