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03 15 2012 Enterprise Zones

Enterprise Zones

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The concept of ‘Enterprise Zone’ was born from the idea that tax incentives along
with reduced government regulations will give companies the incentive to increase
production and create employment opportunities for workers in economically depressed
areas. Just how so are these areas designated? Well, the federal governments as
well as state governments draw maps which indicate the ‘enterprise zones’ within their
defined areas. In fact, these state and federal zones sometimes overlap, thus offering
companies within these areas the benefit of both federal and state tax and financial
incentives. The ‘Enterprise Zone’ program is a great tool which can be used to help
stimulate the economy and create jobs where they are needed most. To learn more
about such program, please check out our upcoming Seminars or Consulting sections.

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