Empire Zones

Is your company is still eligible? Credits and benefits may apply

Although New York State has ended all new participation in the Empire Zone program and the Empire Zones no longer exist as of June 30, 2010, you may yet be able to become certified as an Empire Zone business.  If your Empire Zone application was accepted by the local Empire Zone coordinator before June 29, 2010 and rejected at a higher level, you can still become eligible for the program.  Dopkins and Company successfully helped a client in such a situation.  However, action must be taken now or the opportunity will be lost forever.

If you are already Empire Zone certified you can still claim the following credits:

Manufacturing companies

  • Empire Zone Investment Tax Credit can be claimed for all manufacturing equipment purchased, and placed in service, by March 31, 2014
  • Empire Zone Employment Incentive Credit can be claimed up to March 31, 2017
  • All Empire Zone certified businesses can claim at least some of the credits for the remaining time that they were originally eligible to take the credits before the program expired.

Others

If you don’t know if you are taking full advantage of credits, let the experts at Dopkins help.  We have assisted more than 30 companies become Empire Zone certified and receive millions of dollars in credits against New York State corporate and personal income taxes.

 How We Can Help

·         Empire Zone Investment Tax Credit

·         Empire Zone Employment Incentive Credit

·         Empire Zone Wage Tax Credit

·         Empire Zone Capital Tax Credit

·         QEZE Income Tax Reduction Credit

·         QEZE Real Property Tax Credit

·         QEZE 10 year Sales Tax Exemption on all purchases

·         Real Property Tax Exemption for Improvements

·         Utility Rate Discounts

    For more information, please contact This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

Achieving Results: People to People

 
200 International Drive
Buffalo, NY  14221
P: 716.634.8800 | 888.634.0001
Fax: 716.634.8987
E-Mail Address:
dopkins@dopkins.com
Copyright ©2011-2012 Dopkins and Company Certified Public Accountants Disclaimer Legal Notice Contact Us Sitemap