Depending on your needs, this service may include the review of the potential for tax credits including possible refund opportunities for prior years and techniques for reducing tax liability in the following areas:
- Research and experimentation tax credit
- Foreign tax credit planning and analysis
- Export tax credit and inventive provisions
Businesses also qualify for tax incentives and credits when paying federal/state income taxes, employing a W2 workforce, or experience employee turnover.
- Work Opportunity Tax Credit (WOTC) – Federally funded credit for hiring individuals with barriers to employment.
- Federal Empowerment Zone Wage Credit – Federally funded to revitalize economies of select distressed communities.
- Industry Related Tax Credits for job creation based on industry and employer type.