An Enterprise Zone is a designated geographic area where if you conduct and operate your business in, you can be eligible for Tax Credits.
If you operate your business in an Enterprise Zone and you hire qualified employees, each qualified employee you hire can generate the employer up to $12,000 in tax credits per year.
Businesses may claim tax credits equal to the sales tax paid on certain qualified machinery and equipment.
The state of Georgia offers a job tax credit for businesses in order to stimulate economic growth throughout the state of Georgia. Depending on the location and industry of your business, you may be qualified for thousands of dollars in tax credits. These credits can be used against Georgia state income taxes as well as payroll taxes. They may even be used to claim a refund for taxes paid in the past year.
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