Specialized Expertise
Hiring incentives are a core area of our work. We understand both the opportunities and the requirements necessary to pursue them properly.
Hiring Tax Credits & Incentives
Turn Hiring Into Measurable Savings
Hiring employees can create significant tax-saving opportunities – but many of the most valuable programs are time-sensitive, highly specific, and easily overlooked.
TC Specialists helps employers identify, capture and manage federal, state and local hiring tax credits and incentives, while building the process around the way each client already hires and operates.
Federal Work Opportunity Tax Credit (WOTC)
The Work Opportunity Tax Credit (WOTC) is a federal tax credit available to employers that hire individuals from certain targeted groups.
Qualifying categories may include:
- SNAP recipients
- TANF recipients
- SSI recipients
- Certain veterans
- Long-term unemployed individuals
- Other federally designated groups
Depending on the qualifying category and applicable requirements, credits can range from up to $2,400 for many eligible hires to as much as $9,600 for certain qualifying veterans, with other credit levels applying to specific categories.
For organizations with significant hiring volume, these credits can add up to substantial annual savings.
State & Local Hiring Incentives
WOTC is only part of the opportunity.
States and local governments across the country offer their own programs designed to encourage hiring, job creation, workforce development and employee training.
Depending on the location and program, incentives may include:
- Hiring tax credits
- Job creation incentives
- Credits for hiring targeted populations
- Training and workforce development incentives
- Economic development incentives
- Grants and other employer benefits
TC Specialists works with hiring incentive opportunities across the country, including programs available in New York, California, Texas, Florida, Illinois, Pennsylvania, Ohio — and many more.
We Don't Just Process Credits. We Look For Them.
One of the specialties of TC Specialists is staying continuously alert to new, changing and time-sensitive incentive opportunities.
Hiring programs are not static. New incentives are introduced, funding programs are expanded, modified or discontinued. Funding becomes available. Eligibility requirements change. And some of the most valuable opportunities exist only for a limited period.
We actively monitor this changing landscape to identify opportunities that may apply to our clients – not only the programs they already know about.
When a valuable opportunity emerges, our goal is to identify it early, determine which clients may qualify, and help them capture the benefit while it is available.
That proactive approach is an important part of what TC Specialists brings to the table.
Built Around The Way You Hire
A tax credit program is only valuable if it works within your actual hiring process.
TC Specialists does not require every client to follow the same system. We adapt our process to yours.
For clients seeking a fully digital solution, we can create an electronic process and integrate with existing HR, onboarding and payroll workflows, helping identify potential eligibility as part of the normal hiring process.
For organizations that prefer their existing procedures, we work within those systems and develop a process appropriate to their operation.
Whether your organization hires from one location or hundreds, processes employees centrally or locally, or uses a sophisticated electronic onboarding platform or a more traditional workflow, TC Specialists designs the program around your needs.
Why Businesses Rely On TCS
Proactive Opportunity Monitoring
We continuously look for federal, state and local programs that may create additional value for our clients.
Flexible Integration
From fully electronic integrations to existing hiring procedures, we adapt to the systems already in place.
End-to-End Management
We help manage the process from identifying potential eligibility through documentation, submission and credit reporting.
Compliance Focus
Our processes are designed around applicable program requirements, deadlines and documentation standards.
Capture The Full Value Of Your Hiring
Every new employee represents an investment in your business. In the right circumstances, that hire may also represent a valuable financial incentive.
TC Specialists helps make sure those opportunities aren’t overlooked.
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