Tax Incentives For Healthcare & Assisted Living

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Nurture Your Savings with Tax Incentives

Your business is helping people. The government rewards you for it with tax incentives, such as the Work Opportunity Tax Credit. Let CTI help your organization thrive and capture all your potential tax credits.

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Healthcare & Assisted Living

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

Healthcare & Assisted Living

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

Healthcare & Assisted Living

Phone screening for applicants with voice e-signature

Healthcare & Assisted Living

Proactive engagement from a dedicated project manager

Healthcare & Assisted Living

State applications monitoring for prompt certificate approvals

Healthcare & Assisted Living

Rigorous validation of screening data against payroll data

Healthcare & Assisted Living

Real-time 24x7 access to monitor credit benefit levels

Healthcare & Assisted Living

Regular reporting of screening and benefit progress

How Much Businesses Can Save

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Assisted Living Community

3,732
ANNUAL HIRES
$676,372
ANNUAL WOTC BENEFIT
$181
PER HIRE AVERAGE WOTC CREDIT
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Nursing Home

1,089
ANNUAL HIRES
$575,667
ANNUAL WOTC BENEFIT
$529
PER HIRE AVERAGE WOTC CREDIT
1457837060

Residential Care Home

1,316
ANNUAL HIRES
$246,767
ANNUAL WOTC BENEFIT
$188
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

Interim Healthcare logo
Robert Seawright, President & CEO

We have been pleasantly surprised at the substantial dollar-for-dollar credits that CTI has captured. There is no effort on our part, we just reap the benefits. It is so easy and simple a process with CTI. It’s a no-brainer…

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.