Work Opportunity Tax Credits
(WOTC)
HELP PUT AMERICA TO WORK
And Earn Federal Income Tax Credits for Hiring New Employees
Opportunities
Finding, tracking and processing tax credits can become a tedious task for companies to accurately complete internally.
Some of the tax credits we process for our clients are:
- Work Opportunity Tax Credit (WOTC)
- Employee FICA Tips Credits
- Geographic Based Credits
- Disaster Relief Tax Credit
- Indian Employment Credit
- Research and Development Credit
- Cost Segregation
Technology
Our partners own and operate proprietary software to record and track existing tax credit recovery opportunities. Data such as employee location, date of hire, age, veteran status and employment industry are used to determine tax credit eligibility. Based on a brief applicant survey, hiring managers can immediately determine whether or not the individual qualifies for tax credit at any point in the pre-hire or hiring process.Every year billions of dollars in IRS tax credits go untouched due to the complexities and time required to apply and manage the process of obtaining Work Opportunity Tax Credits (WOTC) and Welfare to Work Tax Credits. Your company’s Tax Credits could average around $2,400 per credit for each qualifying employee as high as $9,600.
- We train your front line HR staff responsible for hiring. We provide the necessary government forms and show your staff how to ensure that job applicants complete the forms properly.
- We check eligibility, enter the data into our system and forward the forms to the appropriate state office. The state will issue a certification based on the employee’s qualifications and returns the certification notice to us.
Who is Eligible?
- TANF Recipients (Long & Short term)
- Veteran Food Stamps
- Disabled Veterans
- Ex Felons
- Vocational Rehabilitation
- Designated Community Residents-DCR
- Summer Youths
- Food Stamps
- SSI Recipients
Process
Our partners created a program that is deadline focused, ever changing and expansive into a seamless part of your HR process. We relieve internal resources and help drive bottom line growth through the identification of tax credit opportunities you may not even be aware.
Our process involves researching each piece of legislation to understand the qualifications for each tax credit opportunity in-depth. This information is then recorded in our innovative software application so each candidate or new hire can be matched against the latest eligibility requirements.
When you turn to us to recover and maximize your capital, we go through an in-depth process to ensure you receive every credit you deserve.
This means:
- We work with you to develop a process that is manageable and dictated by your current processes and staff to maximize efficiency and participation by hiring managers.
- We train hiring managers at each location to ensure everyone understands the value of the program and how to carry-out the 2-3 minute process.
- We send reports to corporate management on credits available with a status on paperwork and information received from your locations so you know if you are about to miss an opportunity.
- We send completed forms to you for new hire signature and subsequently audit the paperwork and submit it for certification on your behalf.
- We track the information through the certification process and once the employee is certified, we provide the necessary reports and instructions on where to apply the credit.