Tax Credits
Get valuable insights on how to secure tax-saving opportunities for job creation, retention, research and other qualified expenses.
Hiring tax credits can have a significant impact on a company’s tax liability. For example, by using the Work Opportunity Tax Credit (WOTC), companies...
In September, we wrote about a Treasury Inspector General for Tax Administration (TIGTA) report highlighting processing delays at the IRS directly affecting ERC claims....
Hiring peaks can inundate HR departments with additional administrative burdens, making it a struggle to keep up when there’s a surge of new applicants...
Overcome common WOTC screening challenges to optimize management and increase savings while helping disadvantaged individuals find...
On September 19, 2022, the IRS published a news release regarding the Work Opportunity Tax Credit (WOTC), “IRS updates Information on tax credit helping...
Skilled nursing facilities have tended to avoid the employee retention credit because of its complexities, despite likely meeting eligibility...
Before filing a claim for the ERC, employers should fully understand its background and best practices to prepare for a possible IRS ERC...
Following a disaster, there are employer next steps to best manage federal aid including disaster unemployment assistance and a disaster relief tax...
The Work Opportunity Tax Credit program (WOTC) has been around for several decades, yet many employers are still not aware of its features and...
Some tax advisors are misstating the rules related to deadlines for Employee Retention Credit (ERC) claims. They may say that amendments can be filed...
There are several updates for employer tax credit programs in recent weeks relevant to businesses. These include an explanation from the IRS Chief Counsel...
Many vendors make big, generic promises about the ERC that fall short. Consider these four questions to ask an ERC provider before making a......
The ERC is based on a percentage of qualified wages but can vary depending on the determination of classifying as a large or small...
The Treasury Inspector General for Tax Administration has issued a new report on IRS ERC refund processing delays affecting...
The R&D four-part test helps businesses establish eligibility for this beneficial tax credit. Learn more about the IRS rules to follow for compliance....
The Inflation Reduction Act has implications for tax credits. Here's how it affects WOTC, Empowerment Zone credits, ERC and...
Learn more about WOTC eligibility and WOTC target groups as well as why this program is considered a win-win situation for employers and...
Find out more about the benefits of the R&D tax credit for startups, how to establish eligibility and what IRS rules to follow to...
About Us
Recent Posts
- Unemployment Compensation in Washington
- Termination Letter & Separation Notice Requirements by State
- 2023 IRS “Dirty Dozen” List Starts with Reminder About Choosing the Right ERC Provider
- Form I-9 Compliance Violations to Avoid
- Managing Unemployment Insurance Cost
- ERC for Restaurants and Franchises
- Common Reasons for Denial of Unemployment Benefits
- What is Form 941-X?
- Which Employees are Eligible for ERC as a Large Healthcare Employer?
- The Latest R&D Tax Credit Documentation Requirements