Free eBook: The Top WOTC Myths Exposed

We’ve busted six of the biggest Work Opportunity Tax Credit (WOTC) myths that stop companies from maximizing their savings! You might think that applying for WOTC won’t help your company much; however, that’s simply not the case. Each year, companies get more than $1 billion* in tax credits thanks to WOTC. Yet, there are plenty [Read More…]

WEBINAR: WOTC Secrets Reveled – Tips for HR and Tax Pros

The Secrets to WOTC Success: Tips for HR and Tax Pros Register now to reserve your spot to this WOTC Webinar! Can’t attend? Register anyway to receive a recording link after the live event. Join us on May 9th at 12pm CT to uncover the secrets to WOTC success!  In this webinar, you’ll learn proven strategies [Read More…]

WOTC Scenario Analysis: A Powerful Tool for HR Pros

Equifax Exclusive:  WOTC Scenario Analysis What if you could predict your organizations WOTC future with the detail and accuracy you need? What if those roadmaps showed your WOTC success plan  with real-time data? And what if you could tap into this technology for free by being our WOTC client? All of this is possible with [Read More…]

Introducing our Advanced WOTC Forecast Tool!

Exclusive to Equifax, the WOTC Forecast Tool Maximize’s Tax Credit Potential The best WOTC solution out there just got better; introducing WOTC Forecast from Equifax Workforce Solutions!  Our exclusive technology allows organizations to easily run intelligent on-demand forecasts for the Work Opportunity Tax Credit (WOTC).  This tool quickly gives employers a better lens into viewing the future of their [Read More…]

Business Tax Credits Included in Bipartisan Budget Act

Retroactive Extension for IEC and FEZ Employer Tax Credits Proposed The Bipartisan Budget Act of 2018 (H.R. 1892) was approved by Congress and signed by the President on Friday, February 9, 2018.  This is good news for many employers, as the signed budget deal maintains two long-standing federal employer tax credits, the Indian Employment Credit [Read More…]

Bill Proposed to Renew Employer Tax Credits

The IEC and FEZ Employer Tax Credits are up for Renewal At the end of 2017, Senator Orrin G. Hatch (UT-R) introduced a bill to continue to promote employment opportunities within the Tax Extender Act of 2017 (SB 2256).   In particular, there are two long-standing federal employer tax credits up for renewal that business should be [Read More…]

Tax Incentives Compliance – Redeeming and Maintaining Incentives

Congratulations! Your company just secured a lucrative negotiated incentives package. Your benefits might include tax credits for creating jobs, property tax abatements for new investment and grants for training employees. Your job is done, right? Sorry! The journey has just begun… The most important part of receiving a negotiated incentives benefits package is the incentive [Read More…]

If You Don’t Screen 100%, You Can’t Maximize Your WOTC

The foundation of a successful WOTC program is identifying ALL eligible employees to reach 100% screening completion, you need to set expectations and have a simple process that can be applied consistently for every new hire. Our employee tax advisers recommend our clients to: Make presentation of WOTC screening mandatory for all applicants, in every [Read More…]

Screening Smart Means Better WOTC Results

If you manage WOTC, you know that screening for eligibility on all new hires is the foundation of a successful program. But having new hires complete the screening accurately and correctly to “screen eligible” or not is often not so simple. This can be compounded when you are screening new employees in multiple locations, when [Read More…]

Retailer Identifies More than $1 Million in Hurricane Relief Tax Credits

Employers with locations that were impacted by Hurricanes Harvey, Irma, and Maria may be eligible for a relief tax credit as part of the Disaster Tax Relief and Airport and Airway Extension Act of 2017. If your organization has locations inside the disaster zones that were inoperable, but you continued to pay your employees, you [Read More…]