If you do business in an empowerment zone, you may be eligible for tax breaks on your 2014 federal income tax return (original or amended); the breaks have yet to be extended for 2015. The IRS says the zones in effect on December 31, 2014, apply for all of 2014. To date, no states or municipalities have declined a designation.
Did you know? You can hear my radio interviews with small business & entrepreneurship experts on wsRadio.com and listen anytime, 24/7. And, you can live stream my interviews with expert guests each 3rd Tuesday of the month from 12pm-1pm ET!
Today’s guests: Ramon Ray, Publisher of Smart Hustle Magazine, and Marty Zwilling, Founder & CEO of Startup Professionals, Inc.
