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| Contact
- Mary A. Hansen Enterprise Zone Manager |
530/741-6463 or fax 530/742-7835 |
| BACK TO HOME | |
| FOR IMMEDIATE RELEASE, MARCH 13, 1998 | |
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MINIMUM WAGE INCREASES EZ HIRING CREDIT The recent increase in the minimum wage to $5.75 per hour also increased the eligible wages under the enterprise zone state tax hiring credit to $8.62 per hour. The previous amount was $7.62. Qualified individuals hired by a business located within the Yuba-Sutter Enterprise Zone can now provide over $26,800 in tax credits over a five-year period. This $26,800 applies to each qualified individual hired. Do you know if your business is in the zone? If not, find out. Your current employees may qualify right now, providing you with a 1997 state tax credit. There may be even credits for 1996 that may make it worth amending your tax return. Call 751-8555 to learn more about the hiring credits and other enterprise zone tax credits. Find out if you are in the zone. A wealth of information is also available through the zone website at http://www.yubasutterez.com.
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