Frequently Asked Questions
We try to anticipate questions you might have about our services and provide the answers here. If you need additional information, please send an email to email@example.com.
1. How do you qualify for tax credits?
Your company may qualify for tax credits for JOB CREATION. If you hire individuals from certain target groups, you may be eligible for up to $9,600 for each qualified new hire. If you are opening new locations, experiencing turnover, or growing your business, these are tax incentives that may significantly help your business.
2. What is the cost to participate in these tax programs?
Our fees are contingency-based. There are no startup costs, and we only earn a percentage of the savings generated by our services. Your company will see an immediate return on your investment because fees are only paid when your company earns the tax credits.
3. When can your company use the tax credits?
The tax credits can be carried forward for up to 20 years and/or carried back 1 year. Depending on the structure of your organization, tax credits may also pass through to the owner's personal income tax.
4. How can these tax programs increase your profits?
Our clients are saving millions of dollars annually. We see annual tax savings between $50,000 to $1,00,000 per year. The tax credits earned are a dollar for dollar match against your Federal income tax. This reduces your tax liability and increases your bottom line.
5. When is the best time to start these tax programs?
Many States are understaffed, which is causing a delay with Certificates being issued. Some States are taking longer than 1 year to approve an application and issue a Certificate. Keep this in mind when forecasting your budget and tax planning. It may take more than a year to start seeing results from the tax programs. The sooner you start the program, the sooner your company will start increasing profits.