We make sure you’re not overlooking potential tax savings when it comes to hiring and employee-related tax benefits. We specialize in the Work Opportunity Tax Credit (WOTC), a program that offers you the chance to reduce your tax liability while simultaneously supporting traditionally underserved populations in their efforts to rejoin the workforce.
By participating, you’re not just improving your bottom line – you’re also contributing to your community’s economic growth and diversity. Our expertise, combined with a highly streamlined process, helps you navigate this mutually beneficial benefit by allowing you to access legitimate government incentives while providing valuable employment opportunities to veterans and other eligible groups. Truly a win-win!
This process is provided with a risk-free approach to supporting your hiring needs: at BCC, we only get paid once the tax credit comes through, ensuring our commitment to your success.
We start by identifying the appropriate tax credit categories and gathering all preliminary documentation.
We collaborate with our clients to submit the appropriate forms to the State to confirm that each applicant meets all qualifying criteria.
We prepare the questionnaire to the State and follow through until the tax credit is earned.
When your company hires employees from designated target groups, you could earn substantial federal tax credits—up to $9,600 per new hire!
Do you hire veterans? Ex-felons re-entering the workforce? SNAP beneficiaries? These are just a few places you could be submitting for tax refunds at no risk.
Best of all, a tax credit directly reduces your company’s tax liability. For example, if your company owes $10,000 in taxes and has $9,000 in tax credits, the amount owed is reduced to $1,000.
Business Consulting Concepts has singular focus in Work Opportunity Tax Credit (WOTC) services and information. With nearly thirty years of experience, BCC has provided tax credit services since the program’s inception in 1996.
