Employee Tax Credits

Would you like to significantly reduce the amount of taxes your company owes?

JobApp Network’s full service, technology-enabled tax credit solutions enable you to increase cash flow by reducing the amount of federal and state taxes you pay. By pre-screening your employees for credits during the application process, automating and pre-populating the required government forms and handling the processing, JobApp has demonstrated its ability to generate incremental cash flow for its customers.

The Work Opportunity Tax Credit (WOTC), which now includes the former Welfare-to-Work (WtW) program, can be worth up to $9,000 for a single certified employee. Other eligible new hires may be worth up to $2,400. If your company operates and hires within special geographic zones, such as Renewal Communities (RC) and Empowerment Zones (EZ), your company may be eligible for a credit for virtually every employee (Geographic Based Credits). Whatever the case may be, JobApp has the experience, expertise and technology to greatly improve your company’s cash flow through such tax credits.

JobApp has the capability to pre-screen all of your job applicants during the application process by web or phone to determine eligibility for tax credits upfront. In order to effectively pre-screen for tax credits, JobApp’s interactive voice response (IVR) portal is absolutely critical, as tax credit eligible applicants are 4x more likely to apply for jobs using the phone, because they lack convenient web access.

Empowerment Zones

The federal government has designated certain economically depressed "zones" as tax advantage areas. If your business is located in an Empowerment Zone (EZ) and you employ individuals living in the same area, you can earn credit against your federal tax liability up to $3,000 per qualified employee. In addition, the businesses located within the zone may be entitled to increased tax expensing of equipment purchases and tax incentives for environmental remediation.

Renewal Communities

The 2000 Community Renewal Tax Relief Act established benefits for businesses and investments in 40 distressed communities around the country to be designated as "Renewal Communities (RC)." A Renewal Community is eligible to share in an estimated $17 billion in tax incentives to stimulate job growth, promote economic development and create affordable housing.