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#2
01-15-2004, 04:45 AM
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 Re: Interprise Zone Tax Deduction "Mern" <hunnybear5775[at]yahoo.com> wrote: - quote - > I live and work in an Interprise Zone. I have heard there
The only deduction or credits for Enterprise Zones that I am> is some sort of tax deduction for this but know NOTHING > about it. Could someone please fill me in? Thanks. aware of is for businesses and they get them as part of locating within these zones by the local authority. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#1
01-14-2004, 07:53 AM
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| Re: Interprise Zone Tax Deduction Mern wrote: - quote - > I live and work in an Interprise Zone. I have heard there
ENTERPRISE credits are mostly always accorded the company> is some sort of tax deduction for this but know NOTHING > about it. Could someone please fill me in? Thanks. operating within the zone, and not to employees. Cheer$, Harlan Lunsford, EA n LA << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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01-14-2004, 07:14 AM
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| Re: Interprise Zone Tax Deduction "Mern" <hunnybear5775[at]yahoo.com> wrote: - quote - > I live and work in an Interprise Zone. I have heard there
First, it is an ENTERPRISE zone, not Interprise.> is some sort of tax deduction for this but know NOTHING > about it. Could someone please fill me in? Thanks. Second, the tax benefits associated with Enterprise zones usually apply at the business entity level and usually include non-income tax related tax benefits - like reduced property taxes and other items. Finally, the tax breaks that are available for any given Enterprise Zone are state specific to the particular Zone and don't usually apply to all zones, and certainly wouldn't apply to all zones in all states. You should check with your state revenue department to see what is available in your zone. Gene E. Utterback, EA << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
01-13-2004, 05:06 PM
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| Interprise Zone Tax Deduction I live and work in an Interprise Zone. I have heard there is some sort of tax deduction for this but know NOTHING about it. Could someone please fill me in? Thanks. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| deduction, interprise, tax, zone |
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