Are you using tax credits to future-proof your staffing firm? Reducing your firm’s taxable income helps build resilience and support long-term success. Strategic planning and
An Empowerment Zone is a specific geographic area with high unemployment levels and poverty. Staffing agencies within these Zones are incentivized to employ residents and
Many staffing firms qualify for tax credits. For instance, the Work Opportunity Tax Credit (WOTC) is a federal tax credit available to employers who recruit
Staffing firms might qualify for federal or state tax credits. Understanding which tax credits benefit staffing firms more helps determine which ones to apply for.
Artificial intelligence (AI) and automation are revolutionizing tax consulting within the staffing industry. These technologies enhance accuracy, streamline tax credit management, and reduce the time
To calculate the WOTC for your business, you need to consider eligible wages paid to qualifying employees and the number of hours they work within