California bill would establish tax credit for employers who hire the homeless

AB 675; he employer's tax credits would range between $2,500 and $10,000 for each eligible individual hired.

  • $2,500 for each eligible individual that works 500 hours for the eligible employer during the taxable year in which the credit is claimed.

  • $5,000 for each eligible individual that works 1,000 hours for the eligible employer during the taxable year in which the credit is claimed.

  • $7,500 for each eligible individual that works 1,500 hours for the eligible employer during the taxable year in which the credit is claimed.

  • $10,000 for each eligible individual that works 2,000 hours for the eligible employer during the taxable year in which the credit is claimed

https://www.foxbusiness.com/economy/california-bill-would-establish-tax-credit-for-employers-who-hire-the-homeless