WHAT ARE TAX CREDITS?
One of the best kept secrets in bringing profitability back into your business comes from accessing the Work Opportunity Tax Credit (WOTC) and the Welfare to Work (WTW) Tax Credit. Many of the companies we talk with are, at best, only vaguely aware of these. In fact, many well known accounting firms have only a slight familiarity with these.

These credits are easy to access when you have the help of an expert at R. Jeffrey & Associates (RJA).  These credits are potentially very significant if you are a company that fits the profile we have identified below (and many do!) We do 95% of the work to get it for you. It is totally risk free and we provide training free of charge.

WHY ARE THERE TAX CREDITS FOR HIRING?
The Federal Government uses this Tax Credit to encourage employers to hire from the following eight targeted groups listed below. These programs help people move from being on the tax dole to being on the tax role. The government designed these programs to help people move closer to self sufficiency.

WHO ARE THESE TARGETED GROUPS?

• Qualified Food Stamp recipients ages 18 through 24
• Qualified recipients of Aid to Families with Dependent Children (AFDC)
• High-risk youth ages 18 through 24 who reside in an Empowerment Zone or Enterprise Community
• Qualified summer youth ages 16 through 17 who reside in an Empowerment Zone or Enterprise Community
• Qualified, economically disadvantaged ex-felons hired no later than one year after conviction or release from prison
• Qualified recipients of Supplemental Security Income (SSI)
• Qualified veterans receiving food stamps
• Vocational rehabilitation referrals (Veterans and people with disabilities)

WHAT IS THE PROFILE OF A COMPANY THAT BENEFITS FROM WOTC/WTW?
Our research shows that business like the type we list below are most successful in obtaining these credits.

• Fast Food Franchises
• Temporary Staffing Services
• Hospitals and Nursing Homes
• Manufacturing Plants
• Restaurants and Hotels
• Telemarketing Firms
• Janitorial Staffing
• Located in or near Empowerment Zone/Renewal Community
• High turnover environments
• Hire a high percentage of people at or near minimum wage
• Have a high percentage of people on public aid or welfare

Of course, there are other companies who also profile very well for these credits. We will be happy to speak with you to let you know in only a few minutes if your company will benefit, and if so, how much.

HOW MUCH OF A CREDIT IS IT?
Under the WOTC program, up to $2,400, which is 40% of the first $6,000 of income.

Under the WTW program, up to $8,500, which is 35% of the first $10,000 of income in year one, and 50% of the first $10,000 of income in year two.

HOW MUCH WOULD MY COMPANY GET?
If you resemble the profile above and if you hire 100 people a year on average you can estimate a range of your yearly WTW and WOTC tax credits as follows:

HOW YOU GET THESE CREDITS
Our unique system provides you the turnkey elements to success - free training (and retraining as needed) and automatic quality control for all forms you submit. After you make the decision to recover the WOTC and WTW Tax Credits you deserve, we can have you up and running within 5 business days.

WHAT WE DO
After we agree that WOTC and WTW credits are worth pursuing, we arrange a 30 minute training session with your designated representative(s). Our processing methodology insures that all employee forms (IRS form 8850) are free from errors.

Once your employee is certified, a limited payroll download to R. Jeffrey & Associates is the last thing that you do. From there we generate all necessary reports. Your tax department can count on us to provide you with all reporting and documentation necessary in order to substantiate the WOTC and WTW credits.

HOW YOUR COMPANY CAN GET INTO ACTION
The first step is to make the decision to speak with R. Jeffrey & Associates about your situation. Our phone number is 847/253-7300. After a brief discussion you will know if this is right for your company and you will have an estimate of yearly tax dollar savings.  If you would like to start a dialogue directly with us via the Internet, please take a minute to complete our online survey that will save you valuable time when discussing our services.