ETS helps employers maximize their potential hiring-based credits.
Key hiring-based credits include:
Work Opportunity Tax Credits (WOTC)*
- ETS helps employers identify and administer the federal WOTC program which can help reduce their federal income tax liability up to $9,000 per new hire from certain targeted demographic groups. Read a recent case study of WOTC savings delivered to a major national technology company.
Location-Based Incentives*
- ETS helps employers identify and administer state and federal location-based credits, including the Empowerment Zone Program (Renewal Communities "RCs", Empowerment Zones "EZs" and Enterprise Communities "ECs").
Our Services:
- Screen job applicants and new hires for tax credit eligibility.
- Prepare and process all documentation to the certifying agencies.
- Determine and report qualified wages and credits.
*Update: Please note that as of 12/31/11, the Empowerment Zone Tax Credits and many WOTC categories are currently expired. However, ETS anticipates their likely retroactive reinstatement based on historical occurrence. In the meantime, it is important that employers continue to file their timely 8850's with the Certifying State Agencies as usual, in order to be eligible for a future retroactive reinstatement. Read more here.