The Enterprise Zone Hiring Tax Credit program can help your business get state and federal tax credit for each new hire of a qualified local unemployed job candidate.
With each new hire under this program, your business can receive a voucher potentially worth up to $37,400 in reduced taxes over a five year period.
Also, by combining these Enterprise Zone Tax Credits with Federal Work Opportunity credits, participating businesses can reduce labor costs by as much as 65% on many employees.