COMPLEXITY SQUARED:
Claiming credits can be extra complicated. For federal credits alone, depending on the certification category there are twenty-nine (29) different formulas involving varying credit percentages or wage bases to calculate a credit. In addition, there are 3 different tax forms for federal credits. McKenzie Chase manages all of that complex calculation, including program compliance and provides reports that enable your tax accountants to quickly put the credits on your tax return… which makes it easy on everyone including HR, Tax, and Finance. Here is a summary of wage bases, percentage formulas and IRS tax forms.
“You can do a lot of little things in a mediocre way? Or you can concentrate on what you’re good at. And, I want to concentrate on what I’m good at and and together we make a good team.”
Controller, Security Services Firm
