New legislation has changed the Certification process for activities performed on or after January 1, 2012 that will earn an Enterprise Zone (EZ) Tax Credit. If your business will perform an activity that will earn an EZ Tax Credit on or after January 1, 2012, Colorado Revised Statute 39-30-103(7)(a) requires that you receive Pre-certification prior to commencing the activity that will earn the credit.
If your business performed all activities that earned an EZ Tax Credit prior to January 1, 2012 only Certification is required.
Click here to view guidelines regarding when Pre-certification and Certification is required.
Not sure if this applies to you? Give your accountant a call. The deadline is quickly approaching!