The Work Opportunity Tax Credit (WOTC) has been the marquee hiring credit in the U.S. for over 20 years. This is a Federal program. The financial benefit to an employer is up to $9,600 for every qualified hire. For most companies, 12-17% of your new hires will qualify.
EIAG will screen your new hires for these credits. For many clients, these credits generate a new revenue stream. You do the hiring; we help you claim the credits.
Other Hiring Credits: Throughout the country, there are other hiring related tax credits. Depending on where your facilities are located; the credits can be awarded at the state and local level. These credits are designed to award companies that are creating jobs. Most of the credits at the state level can range from $500 - $5,000 per new hire.
EIAG will analyze your locations and determine if there are state and local hiring credits available.