Publication 954 - Introductory Material
This publication is for business owners who want to find out whether they qualify for certain tax incentives. These incentives
are intended to help
empowerment zones, enterprise communities, renewal communities, and other distressed communities. A distressed community is
any area whose poverty
rate or other conditions cause any of these tax incentives to apply. The requirements for each tax incentive are different.
The following paragraphs
may guide you in using this publication.
To find out whether your area has been designated an empowerment zone read Designated Zones on page 3. To find out whether your area has
been designated a renewal community, read Designated Renewal Communities on page 8. To find out whether your area has been designated an
enterprise community, read Enterprise Communities on page 13.
If you know that your area has been designated as an empowerment zone, enterprise community, or renewal community, skip the
sections on designated
zones and communities and begin by reading the first few paragraphs of each of the other sections of the publication. Then,
read the details of the
sections that apply to you.
If you know that your area has not been designated as a zone or community, you should still read the first few paragraphs
of each section. Some of
these incentives are available in distressed communities that have not been designated as empowerment zones, enterprise communities,
communities. Read the details of the sections that apply to you.
Comments and suggestions.
We welcome your comments about this publication and your suggestions for future editions.
You can email us at *[email protected]
. Please put “Publications Comment
” on the subject line.
You can write to us at the following address:
Internal Revenue Service
Business Forms and Publications Branch
1111 Constitution Ave. NW
Washington, DC 20224
We respond to many letters by telephone. Therefore, it would be helpful if you would include your daytime phone number,
including the area code, in
Useful Items - You may want to see:
Form (and Instructions)
General Business Credit
Work Opportunity Credit
Empowerment Zone and Renewal
Community Employment Credit
Indian Employment Credit
Pre-Screening Notice and Certification
Request for the Work Opportunity and Welfare-to-Work Credits
Qualified Zone Academy Bond Credit
New Markets Credit
New York Liberty Zone Business