Empowerment Zone Designations Extended

The IRS announced this week that Empowerment Zone designations would be extended through the end of 2016.  Empowerment Zones are economically distressed urban and rural areas. Employers may receive a credit that is 20% of the qualified employee’s wages (up to $15,000).  The credit is claimed on Form 8844.  Empowerment Zones in California include Fresno, Los Angeles (both the city and county), and Santa Ana.