Real People Make Real Things Happen

The Work Opportunity Tax Credit (WOTC) is a federal tax credit available to employers for hiring individuals from certain target groups who have consistently faced significant barriers to employment. This credit is available for wages paid to certain individuals who begin work on or before December 31, 2025. 

Internship programs, although not a tax credit, offer several advantages for companies:

1. Access to Fresh Perspectives: Interns often bring new ideas and innovative approaches, which can help invigorate the workplace.
2. Cost-Effective Recruitment: Internships provide a low-cost way to evaluate potential future employees, reducing hiring risks.
3. Talent Pipeline Development: Companies can groom interns for future roles, ensuring a steady flow of trained and familiar talent.
4. Enhanced Diversity and Inclusion: Internships can attract a diverse group of candidates, contributing to a more inclusive workplace.
5. Increased Productivity: Interns can handle lower-level tasks, freeing up time for regular employees to focus on more strategic work.

These benefits make internships a strategic investment for companies aiming to stay competitive and innovative. If you have any specific questions about implementing internship programs, contact us NOW for more information!

The Homeless Hiring Tax Credit (HHTC) is available for taxable years beginning January 1, 2022 through December 31, 2026. Employers may receive $2,500 to $10,000 in tax credit per eligible employee based on the actual hours worked in the taxable year. Employers may claim up to $30,000 of credit per taxable year.

To be eligible, the employee must be certified by a certifying organization. Employers must make a tentative credit reservation with us to claim the credit. Employers will claim the credit when they file their tax return. A total of $30 million of credit is available annually.

The New Employment Credit (NEC) is available for each taxable year beginning on or after January 1, 2014, and before January 1, 2026. 

This credit is for a qualified taxpayer that hires a qualified full-time employee on or after January 1, 2014, and pays or incurs qualified wages attributable to work performed by that employee in a designated census tract, pilot area, or former economic development area, known as the Designated Geographic Area (DGA), and receives a Tentative Credit Reservation (TCR) for that employee. Read more...