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Federal & State Tax Incentives
Billions of dollars in tax savings are available nationwide.
With over three decades of tax and economic incentive experience, ADP has the specialized knowledge, experience and proven processes to help you take full advantage of available credits and ensure compliance. We'll search out every available credit, and you'll enjoy the professional recognition for your cost-saving recommendations.
Federal Empowerment Zones (EZ) and Renewal Communities (RC) Employment Credits and Tax Benefits
Provides incentives to employers to hire and retain employees residing in a federal Empowerment Zone or Renewal Community.
Tax credits of up to $3,000 per eligible employee in federal Empowerment Zones and up to $1,500 per eligible employee in federal Renewal Communities.
Federal Indian Employment Credit
Provides an incentive to employers to hire and retain Native American Indians. Tax credits of up to $4,000 per eligible employee.
State Incentives
Almost every state offers tax credits and incentives to businesses participating in certain economic activities. The state tax credits are taken against any state income tax liability accrued in that state.
- State Enterprise Zones – Various tax credits
are available to businesses located in state
designated enterprise zones. Credits can
include job creation and investment tax credits.
- State Property Tax Credit - Businesses
located in state Enterprise Zones may qualify
for property tax exemptions and abatements
- State Investment Tax Credits - Credits
may be available for certain types and amounts
of investments in the state. Many of these
credits are industry-specific.
- And Many More…
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