5 Reasons to Outsource
Retroactive WOTC 5 Proactive Reasons in 2014 to Start Now to Capture Your Retroactive Employment Tax Credits Here are 5 reasons to start now on your retroactive WOTC 2014 tax credits. After renewal the program will likely continue, uninterrupted through 2015, with a probable extension through 2016: 1. PROACTIVE NOTE: As Congress prepares to extend the WOTC, it is expected that the IRS will likely authorize a retroactive “window” to screen 2014 hires. IRS “retroactive window” will open late to last only 4 to 6 weeks. Proactive companies that act soon may be the only beneficiaries of this opportunity. Click here to see 2012-2013’s IRS notice.
2. ACTION: Any official word on retroactivity will only happen after the US Congress acts to renew the WOTC program. Click here to see the legislation that renewed the program on January 3rd, 2102 after a 12 month delay. Action is certainly forthcoming as the US Congress has kept the WOTC program active, continuously, since 1996 most often with retroactive approvals. 3. WALKING OUT: Turnover is your enemy… which means your retroactive credits are walking out daily, along with your investments in recruiting and training, like a revolving door. Why not use the WOTC to recapture your investments in labor? Each week you wait is another week qualified employees will terminate and valuable credits will be lost. 4. INSIDE TRACK: You need a friend on the “inside” of this tax credit renewal. The IRS, in the past, has given only cursory attention to publicizing retroactive credits. That means you could miss it without our help and friendly support. 5. PRECEDENT: An IRS retroactive ruling is highly probable based on previous actions. As we know the IRS often acts on precedents. Contact us for details. Here’s a sample of that language from 2013 related to 2012 new hires. “However, the IRS has issued transition relief rules for employers… See the Guidance originally posted with IRS Notice 2013-14.”
Take Action: Mckenzie Chase is happy to work on a “no result, no fee” basis to capture your tax credit savings. That’s zero financial risk for you, 100% financial risk for MCM… that’s how we like it. Mckenzie Chase’s services have been contingency based for over 32 years. Email Mckenzie Chase now. Directions: In order to make this process even easier, we have the option of setting up a web-site where employees can complete and sign the WOTC forms electronically. This will eliminate the need for employees to fill out the forms manually and save your staff the handling of paper forms. PLEASE NOTE THAT FOR NOW THIS ELECTRONIC PROCESS WOULD BE LIMITED TO 2014 HIRES WHO DID NOT FILL OUT THE FORMS ORIGINALLY. Visit MCM’s Retroactive Tax Credit portal. Call toll-free with questions to (866) 547-8277.
2. ACTION: Any official word on retroactivity will only happen after the US Congress acts to renew the WOTC program. Click here to see the legislation that renewed the program on January 3rd, 2102 after a 12 month delay. Action is certainly forthcoming as the US Congress has kept the WOTC program active, continuously, since 1996 most often with retroactive approvals. 3. WALKING OUT: Turnover is your enemy… which means your retroactive credits are walking out daily, along with your investments in recruiting and training, like a revolving door. Why not use the WOTC to recapture your investments in labor? Each week you wait is another week qualified employees will terminate and valuable credits will be lost. 4. INSIDE TRACK: You need a friend on the “inside” of this tax credit renewal. The IRS, in the past, has given only cursory attention to publicizing retroactive credits. That means you could miss it without our help and friendly support. 5. PRECEDENT: An IRS retroactive ruling is highly probable based on previous actions. As we know the IRS often acts on precedents. Contact us for details. Here’s a sample of that language from 2013 related to 2012 new hires. “However, the IRS has issued transition relief rules for employers… See the Guidance originally posted with IRS Notice 2013-14.”
Take Action: Mckenzie Chase is happy to work on a “no result, no fee” basis to capture your tax credit savings. That’s zero financial risk for you, 100% financial risk for MCM… that’s how we like it. Mckenzie Chase’s services have been contingency based for over 32 years. Email Mckenzie Chase now. Directions: In order to make this process even easier, we have the option of setting up a web-site where employees can complete and sign the WOTC forms electronically. This will eliminate the need for employees to fill out the forms manually and save your staff the handling of paper forms. PLEASE NOTE THAT FOR NOW THIS ELECTRONIC PROCESS WOULD BE LIMITED TO 2014 HIRES WHO DID NOT FILL OUT THE FORMS ORIGINALLY. Visit MCM’s Retroactive Tax Credit portal. Call toll-free with questions to (866) 547-8277.
