Government Funding Agreement Includes Renewal of Federal Empowerment Zone Credit

02/09/18 04:16 PM EST

Government Funding Agreement Includes Renewal of Federal Empowerment Zone Credit

PR Newswire

DALLAS, Feb. 9, 2018 /PRNewswire/ -- On Friday, February 9, 2018, President Trump signed legislation ending the government shutdown. The legislation includes a number of tax extenders and other tax provisions, including the extension of the Federal Empowerment Zone Job Credit through December 31, 2017. The Federal Empowerment Zone program allows for a credit of up to $3,000 per qualified employee and resident in a Federal Empowerment Zone. 

Additional tax provisions are included in the bill and can be viewed here .

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TECHNICAL INFORMATION CONTACTS:

Allea Newbold
Principal
Ryan
813.228.7100
allea.newbold@ryan.com

Matt Lowell
Manager
Ryan
321.251.2924
matt.lowell@ryan.com

 

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SOURCE Ryan