Maximize Your Tax Credit Opportunities
Fill out the form to learn more about Work Opportunity Tax Credit solutions from HRWorkCycles.
HRWorkCycles’ Work Opportunity Tax Credit (WOTC) solution lets small businesses automatically screen new employees for WOTC eligibility.
It integrates into PrismHR’s onboarding platform to collect the required information and supporting documentation.
As payroll data is submitted throughout the year, eligible tax credit amounts will be calculated. When payroll hours and wages are finalized at the end of the year, HRWC will generate a Tax Credit Packet to help businesses claim these credits.
Our WOTC management solution automates and simplifies the entire process, from screening eligible candidates to submitting and tracking certifications.
With our advanced technology and expertise, we maximize your WOTC capture rate. Our screening solution identifies eligible employees, ensuring you don't miss out on valuable tax credits and incentives.
With a user-friendly interface, HR professionals and administrators can efficiently manage WOTC processes without extensive training or technical expertise.
The Work Opportunity Tax Credit is available to employers in order to encourage companies to hire employees that belong to one of several “target groups.” Potential certification amounts are for each qualified employee depending upon hours worked and wages earned. You can earn tax credits ranging from $1,200 to $9,600 per qualified individual.
The HRWorkCycles questionnaire utilizes electronic signatures and can be completed on virtually any device with an internet connection. It can be integrated into your existing onboarding platform.
Our adaptive interface ensures that employees only enter the information that is required for the applicable credit(s). Proactive alerts also assist in gathering supporting documentation that may be required to claim the tax credit.
Once payroll is finalized for the year and sent to HRWorkCycles, your credits will be calculated and a Tax Credit Packet will be generated to provide to your accounting team so the credits may be claimed.
Take advantage of our experience in assisting organizations of all sizes and from every industry in transitioning from paper-based screening to electronic tax credit screening and management.
Our comprehensive service streamlines the entire WOTC process—from candidate screening and eligibility determination to paperwork management and tax credit optimization. With a focus on compliance and detailed reporting, we ensure you maximize your tax credits seamlessly and efficiently.