From employee training to financial support, our local tool box of options is one of the most inclusive in the State of California and can be implemented without delay. Firms may reduce taxes by the amount of sales or use tax paid or incurred on certain equipment.
Firms can take advantage of up-front expensing of certain depreciable properties.
NOL may be carried forward 15 years. Lenders to businesses located in the Enterprise Zone may receive a net interest deduction. Unused tax credits can be applied to future tax years, stretching out the benefits of the initial investment. In an effort to end urban blight, the Madera RDA offers assistance for off-site improvements, infrastructure development and economic development assistance projects within the district. See RDA's website here .