HRlogics is your premier solution for maximizing the benefits of the Work Opportunity Tax Credit (WOTC) program. Our expert-driven approach simplifies the WOTC process, helping businesses of all sizes leverage this valuable tax credit to its fullest potential.
By offering a seamless integration of advanced software and personalized consulting, HRlogics ensures that your company can efficiently claim eligible tax credits for hiring qualified individuals. Explore how HRlogics transforms the complex WOTC process into a streamlined, profit-enhancing strategy for your business.
The Work Opportunity Tax Credit (WOTC) is a federal program incentivizing businesses to hire from certain groups facing employment barriers, offering a tax credit of up to $9,600 per eligible new hire.
WOTC is a permanent reduction in income tax liability, not just a deferral. To claim the incentives from this credit, companies must apply within 28 days of an employee's start date, making it a critical function of HR departments. HRlogics streamlines this process, ensuring your business effectively captures these credits.
Harness the full potential of the Work Opportunity Tax Credit (WOTC) by hiring from a diverse range of talent pools. HRlogics' platform makes it simple to identify and hire individuals from WOTC-targeted groups, optimizing your eligibility for valuable tax credits while enriching your workforce. These key groups include:
If your business frequently hires W-2 employees, HRlogics WOTC solution is your ideal partner to maximize the benefits of the Work Opportunity Tax Credit. Industries with high employee turnover rates can benefit significantly, such industries include:
Tax Credit Maximum per Qualified New Hire
Average Percentage of WOTC Eligible New Hires
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WOTC Credit
Unlock Over 3,000 State & Federal Tax Credits
The US government offers over 3,000 state & federal incentive programs to reward business owners for basic business functions like retaining employees, job creation, innovating internal processes and more. OnCentive simplifies the process of identifying and qualifying for business incentives and tax credits. As your true profitability partner, you take on absolutely zero risk by working with us, we do all the paperwork and you get all of the credit.
OnCentive specializes in providing consulting services for tax credits and incentives to optimize value for our clients. Our team of professionals utilizes comprehensive data analysis and a wealth of industry experience to deliver premium client service. Our executive team, made up of leaders in the field, is committed to providing the highest level of service and achieving maximum results for our clients. Our process involves thorough research and analysis of each tax credit opportunity to ensure a deep understanding of qualifications and potential benefits. We are dedicated to our focus on tax credit and incentive consulting, setting us apart from other companies that offer these services.
Get rewarded by implementing WOTC into your hiring process through HRlogics' simple and convenient software and full-service Total WOTC team. Our platform verifies every new hire for eligibility and our team manages the collection of proper documentation and follow-up information from your new hires.
Total WOTC allows for improved processing time with the state units based on automated submission methods, unique to each state's system, which results in improved processing time.
The OnCentive team makes capturing hiring credits like the Work Opportunity Tax Credit simple and convenient. We verify every new hire for eligibility.
Our team manages collecting the proper documentation and follow up information from your employees.
Access advanced tax credit technology through OnCentive's Profitability Platform. View new hires’ progress in the WOTC certification process and how much credit they qualify for at any time, plus the ability to run custom reports that can be scheduled and sent to anyone within your organization.
Gain unparalleled access to advanced tax credit technology through Total WOTC. Track your new hires' progress in the WOTC platform to stay updated on all activity and cumulated credits.
Enjoy the convenience of custom reports that can be scheduled and sent to any team member within your organization. Our transparent and flexible reporting system ensures you stay informed, empowering you to make strategic decisions with confidence.
Through OnCentive's comprehensive tax credit analysis, your business has access to over 3,000 federal and state tax credits and business incentives. Our specialists work in-depth to identify and confirm all potential credit qualifications and stay up-to-date on the ever changing regulations to ensure your compliance.
The industry-leading automated state submission process allows you to benefit from expedited internal and external processing, which results in maximizing determinations within the current tax year and helps to minimize the bulk of pending applications with the state workforce agencies' WOTC units.
The Total WOTC Credit Connect calculation engine utilizes real-time payroll information to provide an integrated solution for visibility into rolling tax credit totals and historical benchmarks to ensure program efficiency and growth.
This is also beneficial for estimates and projections per tax year to provide ease during the tax year-end filing process.
The Credit Connect platform can integrate with any payroll provider, allowing clients to track employee hours and wages in real-time and view credit quantifications as they progress through the qualification process.
The tax year-end reporting process is made easy through the platform as it provides a full reporting packet based on your historical filing deadlines and allows this reporting to be pulled when needed.
We will provide the tax year-end summary by FEIN, prepare the accompanying 5884 Forms, and include the employee details with breakouts by FEIN, location, employee, wages utilized, and tax credit totals, along with copies of the certifications.
This packet will be stored within the platform for future reference, per tax year. We are here to offer additional support if needed.
The Total WOTC Credit Connect platform has standardized reporting functionality that includes weekly and monthly compliance reporting, monthly billing reporting, and annual tax year-end reporting.
In addition, your dedicated Compliance Analyst will be proactively reviewing your screening methodologies to ensure compliance is maximized and offer guidance if any additional reporting is needed to help achieve the best process and program service.
Not only is the Total WOTC Credit Connect platform able to provide standardized reporting, but it can also provide additional reporting functionality for any needs surrounding new hire information, eligibility information, location/region screening information, target category information, etc.
This can assist with any hiring target requirements or quarterly update efforts and we are glad to discuss additional custom reporting needs.
The Total WOTC Credit Connect platform allows full transparency into your current applicants and new hires as they move through the process. This visibility provides insight into eligibility factors, compliance totals, tax credit totals, etc.
This insight allows a proactive approach to needed information to expedite the certification cycle and eliminates the administrative burden of applicant follow-up.
Applicants can be screened through a mobile survey or an intergrationless survey link. These methods can help to improve compliance efforts, in conjunction with your applicant tracking system, location-based kiosk, or your current in-house screening process.
Additionally, text reminders can be sent to applicants to ensure survey accessibility, and improve compliance and applicant user experience.
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