Monday, September 06, 2010
   
Text Size

Search


145-A Worth Street
PO Box 2001, Asheboro, NC 27204-2001
Phone: (336) 626-2233
Email: brenfro@rcedc.com

Credit for Creating Jobs

PDFPrintE-mail

Eligible taxpayers that meet a minimum threshold of new full-time jobs created during the taxable year may claim a credit for each new job created. The credit is taken in equal installments over four years following the year the jobs are created. The job threshold and the credit amount per job are determined by the tier designation of the county in which the jobs are created. Randolph County is designated as a Tier 2 County for 2007.


County Tier Designations

UPZ/AGZ

1
2
3
Job Threshold
5
10
15
5
Credit per Job
$12,500
$5,000
$750
+$1,000*

*If the job is filled by a resident of the zone or a long-term unemployed worker, add an additional $2,000.

For Additional Information

Randolph County Economic Development Corporation
Post Office Box 2001
Asheboro, North Carolina 27204-2001
(336) 626-2233
(336) 626-0777 Fax

Bonnie Renfro - President
brenfro@rcedc.com

Lisa Bennett - Manager, Marketing and Research
lbennett@rcedc.com

Harry Lane - Existing Business and Industry Coordinator
hlane@rcedc.com