Eligible to Compete for California Tax Credits?
California Job Creators Get Cal Competes Tax Credits
The California Competes Tax Credit is an income tax credit available to businesses that want to come to California or stay and grow in California. Most companies that are eligible are unaware this credit exists and those that are aware of it, generally do not understand that it is a competition so eligibility does not guarantee an award.
DCI Solutions has the expertise and proven strategies to position companies not only to qualify and win awards but to maximize the award amounts.
Here are a few examples of how DCI has helped clients:
Companies Realize 75% Savings in Bank Fees
Envoy Group, an Orange County, California online marketing and advertising company hired DCI to identify and optimize multiple tax credit opportunities. DCI used their proven strategies to develop and submit an application on behalf of Envoy Group that resulted in a $450,000 credit for a pledge to invest $163,400 and hire 69 people. This was the second largest award for all Orange County recipients!
Grasp Technologies, an Ohio corporation undergoing expansion efforts in San Diego California received a $180,000 credit for a pledge to hire full-time employees and invest in tenant improvements, computer equipment, software and furniture and fixtures.
Inspec Testing, a non-destructive testing services company in San Diego was the recipient of a $110,000 Cal Competes credit following their engagement of DCI Solutions to optimize their tax credits and cost savings.