Tax Credit Certification

Each year, companies leave billions in federal and state tax credits and incentives unclaimed. You don’t have to be one of them. TruPay’s Tax Credit Certification Service allows you to easily take advantage of these lucrative tax credits. Partnered with the industry leader, TaxBreak, TruPay’s integrated service offers an easy to use and streamlined approach.

Did you know that up to 20% of new hires qualify for tax credits worth up to $9,000 per eligible new hire? TruPay wants to make sure your company’s tax credit potential is reached. Our processes will help you reduce or even eliminate your tax liability. We offer flexible processing methods for companies of any size or industry and eliminate up to 86% of the paperwork.

Work Opportunity Tax Credit (WOTC)

This tax credit is available for businesses who hire employees from one of 9 different demographic areas. It is a one year credit that can earn your business up to $2,400 in credits per employee.

Welfare to Work Tax Credit

Formerly an independent credit, Welfare to Work now falls under the WOTC category as Long Term Family Assistance Credit. It is a two year credit from date of hire, earning up to $9,000 in credits per employee for your business.

Empowerment Zones and Renewal

Communities Specific geographic areas have been designated in order to offer special tax credits and incentives to stimulate local investment and employment. Empowerment Zones offer savings up to $3,000 per year for all employees who live and work in the designated communities. Renewal Communities offer savings up to $1,500 per year for all who live and work in the designated communities.

Disaster Recovery Tax Credits

These credits are available to businesses hiring individuals affected by Hurricane Katrina or by retaining employees while the businesses were inoperable as a result of Hurricanes Katrina, Rita or Wilma. Employers can earn $2,400 in tax credits per retained or qualifying new employee.

State Tax Credits and Incentives

There are many different types of state tax credits and incentives available for businesses. Some are hiring credits while others deal with matters such as company expansion. Our dedicated team of employees will search your area for any of these credits available for your company.

FICA Tip Tax Credit

This credit provides the food and beverage service industry with a tax credit for the amount of the FICA tax obligation attributable to employee tips received in excess of minimum wage provisions.

The Opportunity...

Both the Federal and State Governments offer tax credits and incentives to businesses that can offset tax liabilities and encourage growth. On average, up to 20% of all employees are eligible for Federal credits and incentives worth up to $9,000 per employee.

However, billions of appropriated dollars go unclaimed each year because the work involved in processing, researching and calculating these credits can be almost impossible to administer in house. Our partner TaxBreak is a capital recovery company that increases cash flow for clients by finding and processing these credits and incentives that can reduce or eliminate income tax liability. They were established to assist in applying, calculating and administering these credits and incentives at no risk to your company.

Your Benefit...

Our Tax Recovery Service will give your company the opportunity to reduce or even eliminate your tax liability. Taxbreak’s leading-edge technology and expertise decrease tax liabilities and ensure that all eligible tax credit opportunities are captured. TruPay’s Tax Recover Service works on a contingency fee basis, so there is no financial risk.

Our Approach...

TruPay’s Tax Credit Recovery partner TaxBreak does research of all federal and state tax credits and incentives to insure your company’s tax credit potential is reached. TaxBreak is flexible to your company’s needs, offers several processing options and provides real-time reporting. Their expertise and progressive approach enable them to provide your company with unparalleled service.

From the first payroll …

You will never look back. With TruPay as your partner, you will experience a commitment and dedication to service excellence and accuracy, giving you the ultimate customer experience.

To learn more: Contact us or call 866.674.7300