City Home 3900 Main Street  •  Riverside, CA  92522  •  1-877-Riv-Side (1-877-748-7433)
Hiring Tax Credit
 
  Use this calculator to estimate the tax savings your business might realize by participating in the tax credit program. The calculator will collect and display multiple employee/hourly rate sets of data before calculating the total estimated benefit.
 
How to Use the Calculator
Enter the number of employees for each hourly rate, then enter the hourly rate and click Add.
Repeat to enter more employees and hourly rates.
To remove any entry from the table, click Delete next to entry.
To remove all of your entries from the table, click Clear.
When finished, click Compute Tax Benefits
  
 

Number of Employees:

 (example: 10)

Hourly Rate:

 (example: 10.12)

 

Maximum rate is $10.12. Minimum rate is $6.75. Please use only numbers and decimals do not include dollar sign, commas or any alphabetical character.

Year Hired:




   
  Enterprise Zone Savings Analysis Disclaimer:
  This savings analysis is based upon information you have entered into the Riverside Enterprise Zone Calculator as well as general tax and accounting principles applicable to Enterprise Zones in general. The Riverside Enterprise Zone office cannot guarantee you will realize these savings since this is an estimate and actual savings can vary based upon a number of factors. You should consult with your accountant, tax advisor, attorney and/or the California Franchise Tax Board to verify potential savings your company can realize from the Riverside Enterprise Zone.