Federal Tax Credits
Many incentives are available and can be taken each year a qualified employee worked for your company. These programs include Work Opportunity Tax Credits (WOTC) and Welfare to Work (WTW) to name a few, which provide tax credits from $2,400, $4,800 or $9,000 per qualified employee. To find out how TCS can ensure you're taking advantage of the maximum savings, contact us today.
Electronically Signed Form 8850
Since the release of IRS Announcement 2002-44, TCS automated the Form 8850 application process in anticipation that state workforce agencies (SWA) would allow electronic submission of Form 8850. Unfortunately, SWA migration has been almost non-existent. TCS has met with members of the SWA, Department of Labor (DOL), US Congress and the US Senate, and we are pleased to report a huge step in favor...
State Tax Credits
Every state offers some form of tax incentive to encourage certain business activity such as investing in specific areas or hiring from targeted groups. Identifying the incentives available to a company in a particular jurisdiction and determining the eligibility of those incentives can be a difficult, confusing and a labor-intensive task. Find out how TCS can make getting these credits as easy as a click of a button.