When you engage with the Work Opportunity Tax Credit (WOTC) Program, your company has an opportunity to do two things. Firstly, you can help people gain employment who may otherwise find challenges doing so. Secondly, you have the opportunity to gain federal tax credits from $1,200 to $9,600 per WOTC eligible employee you hire (depending on their exact situation).
The best way to ensure that you’re getting every tax credit possible is to not try to manage the process alone. It is, however, the best to find WOTC providers to assist you. But how do you know what to look for in a provider? We’ll give you some important things to look out for so you can choose the ideal partner for your business.
Your WOTC Screening Solution Should Be Simple to Use
Be sure that whoever you partner with for your WOTC needs has a solution that’s optimal at finding tax credit opportunities and effortless for you. WOTC doesn’t have to be complicated. Choose a partner who offers to handle 100% of the workload on completing the eligibility pre-screening process, e-signing, and filing of all forms (like Form 8850). Also, choose someone who will give you an analysis of the amount you should be estimated to save.
Be sure that your WOTC provider can get you optimal results when they’re screening for your tax credit opportunities. They need to be able to leverage many various integrations. They also need to interface with reputable payroll, onboarding, and applicant tracking systems. This is the only way to offer a truly in-depth and robust tax credit screening experience. It is quick, easy to use, and doesn’t miss a single opportunity. When looking for a WOTC provider, be sure they’ll leave no stone unturned when it comes to finding your company tax savings.
Proven Track Record
Don’t trust a WOTC provider that can’t prove their results. Some providers, while experienced, aren’t on the cutting edge of what’s possible technologically and consequently deliver non-optimal results.
Here at Quentelle, not only are we passionate about staying on the cutting edge of WOTC regulations and the technology to leverage opportunities, but we have a proven track record like no other company. Take for example the results we got for a national grocery retailer. They were having issues getting the results that were possible at their size with WOTC. By adding enhanced processes to their WOTC screening and building a new workflow, the results were staggering. By using our simple and robust ForeSite platform along with our guidance, they were able to increase their WOTC credit by 100% over their former provider.
When choosing a WOTC provider, be sure you’re discerning, and make them prove their track record.
All WOTC Providers Are Not Created Equally
By using our WOTC services, you can rest assured that your company’s tax credits are in excellent hands. You can rest assured that we’re getting you every credit that you’re entitled to and will deliver results in the most simple and efficient way possible. We’re delivering the smart you want and the simple you need. Let’s schedule a demo today and we’ll show you how.