Tax Incentives For Restaurants & Food Franchises

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Hiring Solutions Served to You

WOTC can deliver tax savings and uncover new talent pools. Let CTI help you take full advantage of the program and realize its benefits.

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restaurant

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

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Proactive engagement from a dedicated project manager

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Blended screening methods for increased response rates

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Rigorous validation of screening data against payroll data

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Prompt certificate approvals through state applications monitoring

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Real-time 24x7 access to monitor credit benefit levels

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Regular reporting of screening and benefit progress

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Increased value with federal Empowerment Zone credits

How Much Businesses Can Save

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Regional Restaurant Chain

2,410
ANNUAL HIRES
$347,040
ANNUAL WOTC BENEFIT
$144
PER HIRE AVERAGE WOTC CREDIT
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Fast Food Franchise

4,935
ANNUAL HIRES
$78,279
ANNUAL WOTC BENEFIT
$143
PER HIRE AVERAGE WOTC CREDIT
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National Restaurant Chain

12,456
ANNUAL HIRES
$1,756,296
ANNUAL WOTC BENEFIT
$141
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

High Turnover & No Training Budget

An upscale restaurant chain was plagued by high turnover, staff shortages, and a sparse budget to pay for training. Overtime, doubling-up duties, and frequent employees-in-training were stressing workers and impacting their ability to provide good service. In response, business declined.

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Our Solution

Better Services & Labor Pool Alternatives

CTI’s expert team showed how we can provide superior service and value over their current WOTC provider. We helped the restaurant discover a labor pool they had previously overlooked and increased their tax credit captures to fund training and a higher, more competitive pay rate.

What Our Clients Are Saying About Us

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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.