Synergi Partners can help your business apply for the Work Opportunity Tax Credit and receive $1,200 to $9,600 for each eligible, diverse background worker employed.
What is the Work Opportunity Tax Credit?
Your business may be eligible for the Work Opportunity Tax Credit (WOTC) just by employing a diverse group of workers at your company. If you are a business that believes in giving all members of society an opportunity to work, you may qualify to receive a tax credit from the government for your efforts.
The US federal government is rewarding employers that have accepted and hired a specific target group of workers at their company. If you are a US employer that is retaining workers from the following demographics, you could receive the WOTC tax credit worth $1,200 to $9,600 per employee, depending on the qualification.
The target group that the Work Opportunity Tax Credit allows funding for includes:
- Unemployed and disabled veterans
- TANF recipients
- SNAP recipients
- Individuals living in empowerment zones or rural renewal counties
- Vocational rehabilitation referred individuals
- Supplemental security income recipients
- Summer youth employees
- Long-term unemployment recipients
These employees can offer your business a diverse workforce while enabling these workers to move forward with self-sufficiency. As a business owner that looks past the challenges that many individuals face, you offer opportunity and earnings that these employees can use to better their lives. With the WOTC program, you can collect a significant tax credit for each employee you hire with a diverse background.
Now is the time to collect what is due to you as a business owner. Don’t let your business miss out on this generous tax credit. Synergi Partners is here to help. We can assist you with the WOTC application process and make sure you receive the tax credit your business is entitled to.
How Do I Know If My Business Qualifies?
Qualifying for the Work Opportunity Tax Credit requires following a strict application process. The US government requires certain forms and documentation to be filed within a limited time frame after hiring an applicant, which has made receiving WOTC difficult for many business owners. Luckily, Synergi Partners can help you file for the tax credit without issue.
To take advantage of WOTC, Synergi Partners will assess your business and determine how many of your employees meet the requirement for your business to receive the tax credit. We can help you understand and adhere to the guidelines set for the Work Opportunity Tax Credit. We will also ensure you file accurately and promptly.
Because the WOTC has strict rules and regulations that need to be followed you may feel like the process is too much to bear as a business owner. The application process may be confusing, frustrating or just too complex. This is why Synergi Partners is offering its assistance and helping businesses like yours receive this tax credit now.
How Can Synergi Partners Help My Business?
When you partner with Synergi, you will get the knowledge and experience of a qualified team of experts. We are committed to helping you through the application process and will ensure that your application is prepared accordingly, so your business receives the tax credit it deserves. Our technology can even integrate with today’s most advanced HCM and hiring platforms.
You can count on Synergi Partners to provide excellent service and comprehensive workforce screening. We will work with you to complete your application accurately and timely, and ensure the government receives all necessary documentation. We are confident that we can help you get the tax credit your business is entitled to. Our team of specialists have the expertise you are looking for and can provide the peace of mind you need to know that your efforts as a business owner will be rewarded.
Why Does My Business Need the Work Opportunity Tax Credit?
As a business owner, you may feel like you are doing what is necessary to keep your operations moving. The employees you have hired may be helping you reach capacity, and you certainly consider them a valuable part of your business. Your efforts deserve to maintain and hire a diverse team of employees has not gone unnoticed by the US government and your tax credit is available now.
Synergi Partners knows that you could use the WOTC in a number of ways to help your business. This tax credit can offer your business the boost it needs to increase its revenue and allow you to continue to employ the workers that mean so much to keep your operations flowing.
Allow Synergi Partners to help you file your Work Opportunity Tax Credit application. We understand the challenges your business has faced applying for this tax credit and can help you receive this tax credit as quickly and easily as possible.
We are on your side and want to be your partner in the receiving the WOTC. Your business deserves this tax credit now. Don’t wait and miss out on receiving credits for your eligible new hires. Synergi Partners is there to give the support you need to get the maximum benefits from this tax credit.
Contact Us Now!
If your business hires a diverse workforce, you may qualify for the Work Opportunity Tax Credit. Allow Synergi Partners to help you with the filing process for this tax credit. We are ready to assist you and can help you understand how this tax credit relates to your business. Contact us for more information now. We can answer your questions and offer the advice you are looking for. Contact Synergi Partners today to begin the application process for your business’ WOTC.