San Diego Enterprise Zone Expansion

As of September 4, 2012 the San Diego Enterprise Zone has been expanded to cover parts of the following communities: Rancho Bernardo, Mira Mesa, Kearny Mesa, Mission Gorge, Linda Vista, Bay Park, North Bay and Chula Vista.  See our previous post on the details of the credit.

According to the Mayor’s office, approximately 920 local companies have used the program to hire over 31,600 local workers. They also state that four large companies moved to San Diego because of the city’s commitment to seek this expansion of the Enterprise Zone.  ATK, Kyocera, Soitec and Shire indicated the promise of the Enterprise Zone was an important factor in their decision to expand to San Diego creating 866 jobs.

If you think you are in the “zone”, contact your tax preparer to see how you can take advantage of these credits.

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