Tax Incentives For Hospitality

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Get More Credits per Hire

Want to capture more WOTC benefits with less effort? Let CTI’s expert team, proven process, and integrated screening do the work to maximize WOTC savings for you.

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project-management

One screening touchpoint to capture the WOTC and 17 other federal and state credits

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Integrated on-boarding with HRIS, ATS, and payroll systems

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Phone screening for applicants with voice e-signature

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Proactive engagement from a dedicated project manager

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State applications monitoring for prompt certificate approvals

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Rigorous validation of screening data against payroll data

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Real-time 24x7 access to monitor credit benefit levels

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Regular reporting of screening and benefit progress

How Much Businesses Can Save

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Regional Hospitality
Co.

3,409
ANNUAL HIRES
$617,001
ANNUAL WOTC BENEFIT
$181
PER HIRE AVERAGE WOTC CREDIT
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National Hospitality
Co.

9,743
ANNUAL HIRES
$1,968,086
ANNUAL WOTC BENEFIT
$201
PER HIRE AVERAGE WOTC CREDIT
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Multinational Hospitality
Co.

36,897
ANNUAL HIRES
$6,567,666
ANNUAL WOTC BENEFIT
$178
PER HIRE AVERAGE WOTC CREDIT

Types of Incentives

Employment Incentives

In recognition of the jobs and training that employers like you provide, governments offer employment incentives to help you offset payroll taxes, pay for employee training, and tap into new talent pools.

R&D Incentives

Research and development incentives reward businesses of all industries and sizes for technical approaches to problem-solving, promoting innovation and improvement for companies and the economy.

Cost Segregation

Increase cash flow with cost segregation’s accelerated depreciation for real estate assets. If you’ve acquired, remodeled, expanded, or constructed real estate, you can likely benefit from a cost segregation study.

Discretionary Incentives

Take advantage of your business location with discretionary incentives that go beyond standard incentive opportunities. Know where to look and how to negotiate to reap your full financial potential.

WOTC

Maximize the tax savings available to your business for hiring employees. A federal government initiative designed to increase employment opportunities for people who typically experience certain barriers to employment, such as veterans, public assistance recipients, or ex-felons.

Section 179D

A tax deduction that rewards commercial building owners, architects, engineers, and contractors who design buildings with Energy-Efficient Commercial Building Property (EECBP) by providing a federal tax deduction.

How CTI Makes Tax Incentives Easy

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The Challenge

Managing the WOTC Program

For an assisted living management company with high employee turnover at several locations, administering the WOTC program was too labor intensive. Tracking forms, verifying data, obtaining documentation, and submitting applications was a tremendous strain on the HR team’s limited time and resources.

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Our Solution

Automation & Support

CTI streamlined the WOTC process using automation for paperless surveys, data validation, document management, and monitoring results. And with personalized training and support from CTI’s dedicated project team, survey completion rates skyrocketed with minimal burden on the HR staff.

What Our Clients Are Saying About Us

SF Soup Co Logo
Steve Sarver, Co-owner

CTI has saved San Francisco Soup Company such a significant amount of money in the past 5 years that we have been able to grow our business without outside capital. Thank you, CTI!

The expertise you need to properly leverage lucrative tax credits and incentives.

Reach out to a tax consultant to learn how CTI powers your business for success.