Tax Credits

How to Optimize Tax Credits with Integrated Payroll Solutions

How to Optimize Tax Credits with Integrated Payroll Solutions?

Human Resource Analytics, payroll solutions, Tax Credits, Work Opportunity Tax Credits /

Introduction Tax credits are an essential financial incentive for businesses, helping to reduce tax liabilities and boost profitability. One of the most valuable incentives is the Work Opportunity Tax Credit (WOTC), designed to encourage businesses to hire individuals from underrepresented groups. However, managing tax credits manually can be a time-consuming and error-prone process. With integrated […]

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veteran working

Why Companies Ignore Free Money

Leave a Comment / Hire Veterans /

“Hey, did you leave $9,600 sitting on the table?”

If you didn’t consider hiring a military veteran for your last open position, then yes, you left a potential $9,600 of tax credits sitting on the table. Why do employers ignore a tax credit of up to almost $10,000 for hiring some of the most qualified workers in the market today? Recruiters and HR professionals often say it is too hard and takes too much time to find qualified military veterans.

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