Empowerment Zone Employment Credit
Date: 3/19/13
The Federal Empowerment Zone (EZ) Employment Tax Credit has been extended for businesses employing EZ residents to perform work within the EZ. The Philadelphia based EZ's are the American Street EZ, North Central EZ, and the West Philadelphia EZ.

This federal tax credit is 20% of wages paid/incurred for any calender year. The maximum amount of "qualifying wages" is $15,000 and the maximum credit is $3,000 or 20% of the $15,000.

For more information on the boundaries of the EZ's, contact the Manufacturing Alliance of Philadelphia.
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