Processing Tax Credits: Common Mistakes Staffing Firms Should Avoid

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 and retain veterans, food stamp recipients, and other individuals from target groups that historically faced barriers securing employment. The program creates economic opportunities that lessen the burden on other government […]

State vs. Federal Tax Credits: Which Benefits Staffing Firms More?

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. Eligibility requirements differ for federal and state tax credits. Therefore, staffing firms that qualify for these credits should begin the application process today. Federal or State Hiring Credits Hiring and […]