California Enterprise Zone News

The City of Clovis has received a designation to join Fresno County’s Regional Enterprise Zone, making more than 500 industrial and commercial businesses eligible to receive exclusive state tax incentives.

Some of the businesses now part of the zone include Pelco, Anlin Windows, Valley Chrome, Hodges Electric and Krazan Engineering. Some of the industrial parks benefiting include the Gettyburg Industrial Park, Central Clovis, Johnson and the Dry Creek Research and Technology Park.

The Enterprise Zone is a partnership between local government and private companies to generate new private sector investment and growth. Under this program, companies are eligible for incentives and programs including tax credits for sales tax paid on qualified machinery, tax credits for hiring new employees and accelerated expense deductions

Clovis is the 14th city in Fresno County to join the program.

Enterprise Zone Pays Off For Business Owners

Employers get tax breaks for hiring people who live in certain areas.

Jeff St. John
The Fresno Bee

Originally published 2008-07-06

In these times of economic slowdown, Dan and Jennifer Gonzalez say their decision to move their business into an enterprise zone has paid off.

The co-owners of Custom Wood Products in Parlier took advantage of the state program to accelerate depreciation on their new building, putting the money they saved on taxes back into their business.

And by hiring employees who live within the zone, which was recently expanded to include almost all the cities in Fresno County, they’ve been able to capture further tax breaks that have “allowed us to improve our cash flow, while a lot of our competitors are struggling right now,” Dan Gonzalez said. (Custom Wood Products, Fresno County)

“This is an incredible incentive,”

“It allows businesses that are here to be more profitable, to expand, to buy new equipment and reinvest, and to hire people — that’s a key.” (Economic Development Corp.)

ATG Client References

“After working with ATG we are pleased with the work they have performed. They have done an excellent job helping our company save money. The ATG staffs are diligent as well as easy to work with. I would encourage anyone looking to save money for their organization to take this opportunity to work with American Tax-credits Group.”

(Scott Fahrney, Farney Automotive group, Fresno County)

“ATG helped me save thousands of dollars in taxes over the past years. Since I have been working with ATG, they have eliminated my state income taxes year after year.

Since then I have been able to grow my Institution and increase my cash flow.”

(Mr. Gee~Director, Business Communications Institute, Los Angeles)

“I’m very grateful to have met ATG for their services. They are quick, diligent, and professional. Not only have they been able to help my practice but they have helped many of my friends and colleagues as well. I encourage the good news and for anyone that qualifies to be in the enterprise zone to work with ATG”.

(Dr. Rick S. Aaronian, Fresno)

“When I had questions about my business being in the Enterprise Zone, ATG was able to explain it to me and told me that if they weren’t able to save me on my state income tax, I would not owe them anything. I was shocked to see how much they were able to save me at such a minimal fee. I’m glad I got into contact with American Tax-credits Group.”

(Mr. Park~owner, Hotel Chain, Los Angeles)

Of course its safe and its easy!  And I’ll tell you why.  The State of California wants business owners to take adavantage of this Enterprise Zone tax-credit.  Uncle Sam actually sets aside a fund and is ready to give back $$$ to business owners that are qualified by bing located in the Enterprise Zone.  The sad thing is that in a given year roughly only 8,000 business have claimed these Enterprise Zone Tax-credits.  Only 8,000 businesses out of millions of businesses in the state of California applied for this benefit.  Millions and millions of dollars go unclaimed each and every year.  What do you think are some of the reasons why business owners miss out on these State tax breaks?  They like you may have doubts and question if it is safe?  That is why I am here to tell you YES it is safe! You will not get audited if it is done correctly. And who can provide you with the fast and correct service?  ATG can.  ATG makes the process absolutely easy and takes full liability by handling the project from beginning to end.  Please do not miss out, if you have any further doubts American Tax-credits Group is only an e-mail or phone call away to answer any of your questions or concerns.

You might ask what exactly is an Enterprise Zone?

The Enterprise Zone Program was established by the State of California starting back in 1986.  The purpose of this program is to attract businesses into these zones, once operating in these zones they will be eligible for Tax Breaks.
The actual Tax benefit is that the Business owner is not liable to pay State Income Tax.

The Enterprise Zones are usually located in poorer areas that need to further promote business growth.  Once more businesses enter these economically distressed areas, it then creates more jobs, less crime, and more investments.  Overall making the community a better place to live in.

There are currently 42 EZ’s in California. EZ short for Enterprise Zone.  The EZ’s are typically located within major cities for example: Los Angeles, San Diego, Fresno, San Francisco, Oakland, etc.  When we say Los Angeles has an enterprise zone that does not mean that the whole city of Los Angeles is in the EZ.  It means that Los Angeles has pockets of the EZ.  The HCD is in charge and determines what part of Los Angeles should be included in the California Enterprise Zone.