HR is overwhelmed… McKenzie Chase cares. Your Human Resources department is often too overworked, understaffed, and dedicated to their core responsibilities to focus on tax credits. In our 30+ years of industry experience we have often heard: “We are just too busy...
COMPLEXITY2: Claiming credits can be extra complicated. For federal credits alone, depending on the certification category, there are 29 different formulas involving varying credit percentages or wage bases to calculate a credit. In addition, there are 3 different tax...
You could be missing out on thousands of dollars in hiring incentive tax breaks! If you’re like most business owners, you want to take advantage of every tax break and incentive available to you. Hiring incentives are a great way to offset the cost of expanding...
Step 1: MCM’s online WOTC applications Complete the online form 8850 Send invitations to new hires via email to complete online WOTC paperwork anywhere Access customized reports online to monitor your employees’ progress Followup automatically with...
The complex legislative language used in the IRS form 8850 can be difficult for many WOTC applicants to complete. That is why all MCM pre-screening processes include an easy-to-read survey to ascertain tax credit eligibility, making it easier for applicants to provide...
