California text with state symbols

California Unveils New Hiring Credit Targeting Small Business

With millions of Californians out of work, on Wednesday, September 9, Gov. Gavin Newsom signed a law giving tax breaks to small businesses that hire employees over the next three months.

The incentive program will offer businesses of 100 employees or less a tax credit of $1,000 on their state tax bills for each new employee hired by December 1, 2020.

California Unveils New Hiring Credit Targeting Small Business Read More »