Santa Clarita Valley business owners have the opportunity to attend a free Enterprise Zone seminar on October 22, event officials announced Saturday.
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Hosted by Santa Clarita Valley Economic Development Corporation (SCVEDC) officials, the seminars will offer information on how to access the maximum amount of enterprise zone tax credits available.
“More than 400 local businesses in the Santa Clarita Valley have claimed the ‘Hiring Tax Credit’ benefit on more than 6,500 jobs, generating a potential $243 million in tax savings since 2007,” an SCVEDC news release stated.
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The tax credits are valid for 10 years from the time they are generated and are an important benefit to businesses who know how to claim them, according to SCVEDC officials.
The SCVEDC’s economic development efforts “help create high-skilled and high-wage jobs in the Santa Clarita Valley, (and) SCVEDC investors lead the organization in helping to create a diverse and resilient economic environment where businesses can prosper,” according to the news release.
The seminars are scheduled from 7:45 to 8:45 a.m. and from 12 to 1 p.m. on October 22 at the College of the Canyons University Center in Room 107. Interested participants must RSVP online to reserve their spot.
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