California Small Business Hiring Tax Credit Application Period Underway

2020-12-18T23:06:56+00:00December 18th, 2020|Tax Articles|

On September 9, 2020, Senate Bill 1447 was signed into law and created a new tax credit aimed at providing relief to struggling small businesses. SB 1447 provides certain small businesses with a $1,000 tax credit for each net increase to full-time employees. Applications are allocated on a first-come, first-served basis, and are being accepted from December 1, 2020, through January Continue Reading