The Sonoma County Economic Development Board (EDB) would like to help your business take advantage of important tax credits and hiring incentives. Since the inception of this program, we have assisted local businesses in obtaining $6.5 million in tax credits, exemptions, and training subsidies.
The California Competes Tax Credit is an income tax credit available to businesses who invest and create new jobs in California. The state will be accepting applications from March 4, 2019 through March 25, 2019 for at least $74 million in tax credits.
The application, and a helpful Tax Credit Application Guide can all be found online here.
Please contact us at (707) 565-7589 or firstname.lastname@example.org for assistance in applying for the tax credit or to learn more about how the EDB can help your business with:
- Workforce issues- finding qualified employees, on the job training, and hiring incentives
- Obtaining permits and navigating the regulatory process
- Marketing and demographic research
- Access to capital
- Energy efficiency and other rebate programs
The application period ENDS March 25, 2019