Tax Credits Blog

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




IRS Extends filing date to 9/29/16

The IRS is allowing companies who did not file on time for all their 2015 hires to do so, as long as the application is postmarked by 9/29/16.  That gives companies 3 additional months to ask their new hires from 1/1/15 through today to fill out the paperwork and send it in.  Its a relatively simple process that will generate big results if done properly.  We'd be happy to work with you and get this paperwork filed so you don't lose out on these tax credits.


Ken Brice

WOTC Extended through 12/31/19

In December, Congress authorized and the President signed the programs back into existance allowing companies to go back to 2015 and file for any emplyees they didn't file for in the past.


In additon, the Empowerment Zones are re-extended though 12/31/16.


Ken Brice


WOTC still not authorized for 2015

The latest is that we expect the programs to be reauthorized through 12/31/16 and be attached to the Highway Bill due out at the end of the month.  Having said that, its not a guarantee - just a best guess by our coalition executives in Washington.


Its important that you continue sending in the forms to the agencies as its not assured that the IRS will open up 2015 to those who didn't file as they've done in past years.  To be safe, work within the 28 day window from hire date and make sure the new hire signs the form on or before their hire date.


Ken BRice



Turn your Human Resources Department into a PROFIT CENTER

Turn your Human Resources Department into a PROFIT CENTER


Enterprise Zone and Work Opportunity Tax Credits represent an easy way to recapture your tax dollars, improve cash flow and increase company profits.


The Work Opportunity Tax Credit (WOTC) is a Federal tax credit that is available to employers for hiring individuals from certain target groups who have consistently faced significant barriers to employment.


Employers who have locations in Empowerment Zones are eligible for up to $3,000/year per qualified employee with claims in tax credits going back to 2014.


All for-profit Employers with new hires in any of the categories listed below are eligible for tax credits.


The qualifying target populations include:

  • Temporary Assistance for Needy Families (TANF) Recipient – $2,400

  • Recently Released Ex-felons -$2,400

  • Designated Community Resident – $2,400

  • Vocational Rehabilitation  Client – $2,400

  • Supplemental Nutritional Assistance (SNAP) Recipient – $2,400

  • Supplemental Security Income Recipient – $2,400

  • Long-Term Family Assistance (TANF) Recipient – $9,000

  • Veteran Unemployed four weeks – $2,400

  • Veteran Unemployed six or more months – $5,600

  • Recently Discharged Disabled Veteran – $4,800

  • Disabled Veteran Unemployed six or more months $9,600


EmployerIncentives.com provides tax recovery services enabling your HR staff to document and recover valuable taxes spent.



To Learn more, call Ken Brice at 888 236 7339  ext 706

15 years experience: Better Business Rating of A+