Tax Incentives For Staffing Firms

Business,Team,,Businesspeople,Group,Walking,At,Modern,Bright,Office,Interior

Get More Credits per Hire

Is your current WOTC provider getting you the most value? Poor certification rates and mediocre management may be costing you. CTI’s expertise makes a difference.

Business,Team,,Businesspeople,Group,Walking,At,Modern,Bright,Office,Interior
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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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State applications monitoring for prompt certificate approvals

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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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More value with federal Empowerment Zone credits

How Much Businesses Can Save

Multi-cultural,Medical,Team,Having,Meeting,In,Hospital,Corridor

Home Healthcare Staffing Firm

4,500
ANNUAL HIRES
$662,551
ANNUAL WOTC BENEFIT
$146
PER HIRE AVERAGE WOTC CREDIT
International,Executive,Team,People,Having,Board,Meeting,Discussing,Project,Results.

Professional Office & Services Staffing

12,136
ANNUAL HIRES
$1,832,536
ANNUAL WOTC BENEFIT
$151
PER HIRE AVERAGE WOTC CREDIT
Happy,Multiethnic,Business,Women,Working,Together,Online,On,A,Laptop

Clerical & Administrative Staffing Agency

26,899
ANNUAL HIRES
$4,088,648
ANNUAL WOTC BENEFIT
$152
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

Attractive,African,Young,Confident,Businesswoman,Sitting,At,The,Office,Table
The Challenge

Low Qualification Rate

Compared to others in the industry, a staffing firm was experiencing a low percentage of screened applicants that qualified for the WOTC. And a lack of reporting and proactive follow up from their existing provider meant they were in the dark about these poor results.

Tablet,Work,,Happy,And,Business,People,In,Meeting,For,Planning,
Our Solution

Superior Screening Survey

CTI improved their WOTC survey to be user-friendly, which encouraged participation. And with training for the HR team, a dedicated account manager, and periodic reviews, the qualification rate doubled and the average credit per hire increased 12x.

What Our Clients Are Saying About Us

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Steve Sarver, Co-Owner of San Francisco Soup Company

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.