Tax Incentives
A
benefit available to businesses located in the Aroostook County
Empowerment Zone is federal tax incentives. There are a variety
of incentives, ranging from employment wage tax credits to increased
section 179 deductions. To understand what incentives may apply
to your business you should work with your accountant. Below are
links to sites that may be helpful as well as a form that businesses
may use to certify that their employees live in the zone.
 Tax Incentives for Distressed Communities
Internal Revenue Service (search for Publication
954)
http://www.irs.gov
Federal Empowerment Zone Site (check the
investments section)
http://www.ezec.gov
Employee Residency Certification Form
ResidencyForm1.pdf
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