Tax Credit Services
You may have already earned a federal, state, or local tax credit. Don't leave that money on the table due to complicated requirements and paperwork, let Paychex help you claim the tax credits you deserve.
Estimate Tax Credits
Health Care Reform
Paychex Tax Credit Services create a well-documented and legally compliant audit trail for the credits you claim, including:
Location Based Tax Credits
We make it easy and economical to capture empowerment zone, renewal community, and California enterprise zone credits by taking care of rigorous requirements, including:
- Documenting address changes, hours worked, and wages and credits earned for qualified employees.
- A comprehensive year-end report for easy preparation of tax returns.
- Maintaining documentation and an audit trail for seven years.
- Tracking changes to legislation and regulations to help your credits stay in compliance.
Job Creation Tax Credits
Do you qualify for the Work Opportunity Tax Credit (WOTC) or Welfare-to-Work Tax Credit (WtWTC)? Let Paychex help you complete and submit your forms on time by providing:
- Guidance in preparing pre-screening certifications, such as Form 8850.
- A check of pertinent job applicant information to verify eligibility.
- Post-hiring documentation of hours worked and wages paid to determine the amount of your credit.
Additional Tax Credits
Paychex Tax Credit Services also assist with:
- Research and Development Wage-Based Credit
- Cost Segregation
- Training Incentives
- State Tax Credits
