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Tax Credits Blog

FAMILY LEAVE CREDITS NOW DEFINE

IRS has finally issued the rules for the Family and Medical Leave Tax Credit.

 

If you have a written, defined policy on family/medical leave where you'll pay your employees at least 50% of what they're paid while on leave, this will apply to you.  You can save up to 25% of what you pay your employees while on leave in the form of a tax credit.

 

Check it out at https://www.irs.gov/newsroom/how-the-employer-credit-for-family-and-medical-leave-benefits-employers

 

If you would like our help to collect this credit, please call Ken Brice @ 908-239-5497.  Free Money is Free Money

EI Helps Companies Find Qualified, WOTC Certified Employees

EmployerIncentives.com Announces Hiring Joseph Giannetto

Press Release - May 8, 2018 09:00 EDT

 

HILLBOROUGH, N.J., May 8, 2018 (Newswire.com) - EmployerIncentives.com continually strives to enhance services and provide unparalleled value to our clients.  Over the years, our clients have inquired about effective and efficient ways to find qualified and tax credit eligible employees. Toward that end, I am excited to announce the newest addition to the EmployerIncentives.com team. Joseph Giannetto, who most recently was the Chief Operating Officer of Fedcap, one of the largest social services non-profit agencies in the area, has joined EmployerIncentives.com as of April 1.

In his prior role at Fedcap, Joe was responsible for developing and growing Fedcap’s Workforce Development programs which were designed to find suitable employment for thousands of individuals seeking to enter and/or re-enter the workforce. Like the clients of other workforce development agencies, the vast majority of these individuals are tax credit eligible and eligible for other financial incentives as well.

As part of his role at EmployerIncentives.com, Joe is developing formal partnerships with various workforce development agencies across the country whereby EmployerIncentives.com clients will be able to post their vacant job positions with EmployerIncentives.com and EmployerIncentives.com will forward the job requirements to the most appropriate workforce development partner in order to identify work-ready, trained and qualified candidates who are eligible for tax credits and/or other incentives.

We expect to finalize our partnerships with select workforce development agencies shortly. We will also be creating a page on our web-site where you can post your job positions. In the meantime, feel free to reach out to Joe at This email address is being protected from spambots. You need JavaScript enabled to view it. with any questions you may have and for assistance in filling positions you may have available at the moment.

This new service will help our clients capitalize on the tax incentive programs by helping them find qualified and tax credit eligible employees and increase their returns in tax credits and other incentives.

“We are very excited to have Joe join us to help open new opportunities for us to find meaningful employment for these targeted groups, not only through providing the tax and wage incentives to new employers but acting as a resource for our current clients to find well trained, qualified employees that will also generate a tax credit for the hiring company. It’s truly a win-win-win scenario”, said Ken Brice, President and CEO of EmployerIncentives.com.

EmployerIncentives.com helps over 200 companies nationwide save over $5,000,000 annually in tax credits and other hiring incentives. Our processes are easy to install, require a minimum of disruption to daily operations and are 100% success based.

Status Quo

Finally the world of WOTC has calmed down.  States are catching up to the backlogs they've developed over the years.  The big question is what with the new administration do with the programs - they can 1) leave them alone, 2) make them a permanent part of the tax law or abolish them.  Its hard to tell with the new man in charge but I'll let you know when I find out.

 

In the mean time, if you would like us to check out your company for possible state tax credits, let me know.  This email address is being protected from spambots. You need JavaScript enabled to view it..

 

SIncerely,

 

Ken Brice

 

Only 25 days left to claim WOTC credits for 2015 hires

Sep 28, 2016 is the last day to mail in the forms to qualify any 2015 hires.

 

Quick math - take the number of people on payroll hired between 1/1/15 and 8/31/16, multiply that number by $200.  Thats' a quick ballpark on how much in credits you can claim if you meet the filing deadline of 9/28/16.  We can help you.  Call me at 908-262-7120 or send me an email at This email address is being protected from spambots. You need JavaScript enabled to view it. and I'll step you through for a fee of 10% of what we collectively collect.  Its like buying dollars for $.10.

 

Ken Brice

Only 46 days left to file for 2015 hire

On 9/29/16, the window will close.  That means you only have 46 days left from today to file the WOTC applications (8850 and 9061) for anyone hired between 1/1/5 and 8/31/16.  The return can be significant.

Since any of your hires that fit this date range have probably earned the maximum of $6,000 in their first year - the payback is a tax credit of $2,400.  Depending on a lot of things, 10-15% of your active hires will qualify.

These credits are money back to you - don't delay!  If you need help, we can do it all for you for 20% of what you get back - its like buying dollar bills for $.20.

Call me - 908-262-7120 or email me at This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Ken BRice

President

EmployerIncentives.com