Billions of dollars in tax credits go unclaimed each year due to companies not knowing they qualified, or deciding that they don't have the experience or the time to handle the paperwork involved.
Paychex Tax Credit Services* create a well-documented and legally compliant audit trail to help you claim credits, including:
Work Opportunity Tax Credit
Hiring individuals from groups with significant barriers to employment, such as food-stamp recipients, temporary assistance for needy family (TANF) recipients, and unemployed veterans, can make you eligible for federal and state tax credits ranging from $1,200–$9,600 per employee. To help you claim these valuable credits, Paychex offers:
- Applicant eligibility verification and screening via paper, phone, or Web.
- Preparation and filing of applicant pre-screening forms.
- Tracking of hours worked and wages paid.
- Quarterly and annual reports showing credits you've earned.
Do You Qualify for Tax Credits?
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 small business tax credits you deserve.