Скачать или смотреть California Small Business Hiring Tax Credit - Step by step guide on how to apply

Disclaimer: This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.

Do you qualify for the California Small Business Hiring Tax Credit?
On December 1, 2020, the California Department of Tax and Fee Administration (CDTFA) will begin accepting applications for tentative small business hiring credit reservation amounts through an online reservation system. Qualified small business employers must apply with the CDTFA for a credit reservation. The credit reservations will be allocated to qualified small business employers on a first-come, first-served basis. The reservation system will be available from December 1, 2020 at 8:00 a.m., through January 15, 2021. Within 30 days of receiving an application, CDTFA will notify each applicant via email whether a tentative credit reservation has been allocated to them and the amount of the tentative credit reservation.

Please note, this credit only applies to California small businesses that meet the following qualifications:

*Employed 100 or fewer employees as of December 31, 2019, and
*Suffered a 50 percent decrease or more in income tax gross receipts (generally, all income less returns and allowances), when comparing second quarter 2020 to second quarter 2019.

For instructions: https://www.cdtfa.ca.gov/taxes-and-fe...
To Apply: https://taxcredit.cdtfa.ca.gov