{"id":10656,"date":"2018-08-14T23:16:59","date_gmt":"2018-08-14T23:16:59","guid":{"rendered":"https:\/\/tcacorp.com\/?page_id=9938"},"modified":"2020-03-19T15:51:23","modified_gmt":"2020-03-19T15:51:23","slug":"corporate-tax-incentives-planning-2","status":"publish","type":"page","link":"https:\/\/tcacorp.com\/?page_id=10656","title":{"rendered":"Government Incentives"},"content":{"rendered":"<body><p><\/p>\n<p>[vc_row css=\u201d.vc_custom_1583639996323{padding-top: 25px !important;}\u201d][vc_column][vc_custom_heading text=\u201dGovernment Incentives:\u201d font_container=\u201dtag:h2|font_size:40|text_align:left|line_height:1.2em\u201d text_resize=\u201dyes\u201d text_minimum=\u201d22\u2033 use_theme_fonts=\u201dyes\u201d css=\u201d.vc_custom_1581443568714{margin-bottom: 32px !important;}\u201d][cesis_line_divider pos=\u201dcesis_line_d_left\u201d width=\u201d80\u2033 color=\u201d#5caffd\u201d margin_bottom=\u201d32\u2033][vc_column_text letter_spacing=\u201d1\u2033]<\/p>\n<h3><strong>Identifying government programs and federal tax incentives are a simple way to boost profitability but many agencies have not yet implemented a review to assess their eligibility. We will collaborate with you to analyze your business and identify all programs you may be qualified to participate in.<\/strong><\/h3>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row full_width=\u201dstretch_row\u201d css=\u201d.vc_custom_1583639929169{border-bottom-width: 0px !important;padding-top: 5px !important;padding-bottom: 60px !important;background-color: #f7f9fb !important;}\u201d][vc_column width=\u201d1\/2\u2033 css=\u201d.vc_custom_1581443739363{padding-top: 20px !important;padding-bottom: 20px !important;}\u201d][vc_column_text]<b>There are a number of specific hiring practices that may allow you to capture these tax credits:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Hiring from Certain Groups ( Examples : Veterans, Public Assistance Recipients )<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Economic Development Incentives from Creation of New Jobs<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Employee Training and Upskilling<\/span><\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<p><b>Work Opportunity Tax Credit:<\/b><\/p>\n<p><span style=\"font-weight: 400;\">WOTC is a federal tax incentive program that lowers income tax liability for hiring certain categories of employees.\u00a0 The federal government will grant tax credits against an employer\u2019s tax liability of between $1,200 to $9600 per each qualified hire. \u00a0 At the state level there are also additional \u201cpiggyback credits\u201d allowing you to capture both the federal and state credits for the same hire.\u00a0 Your agency may already be hiring employees that are qualified, but you are not aware of it.\u00a0\u00a0<\/span><\/p>\n<p>\u00a0<\/p>\n<p><b>Research and Development Tax Credit:<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Industries outside of high-tech can also qualify for this lucrative incentive.\u00a0 R &amp; D credits are available within all industries that apply new technical approaches to resolve operational challenges.<\/span><\/p>\n<p>\u00a0[\/vc_column_text][cesis_button button_text=\u201dSchedule An Appointment\u201d link=\u201d#\u201d target=\u201d_blank\u201d button_pos=\u201dcenter\u201d button_size=\u201dcesis_button_custom\u201d button_width=\u201d170px\u201d button_height=\u201d50px\u201d button_border=\u201d1\u2033 button_radius=\u201d4\u2033 hover=\u201dshine\u201d margin_top=\u201d40\u2033 button_text_color=\u201d#ffffff\u201d button_bg_color=\u201d#3a78ff\u201d button_border_color=\u201d#3a78ff\u201d h_button_text_color=\u201d#ffffff\u201d h_button_bg_color=\u201d#1d222b\u201d h_button_border_color=\u201d#1d222b\u201d button_f_size=\u201d12px\u201d button_l_spacing=\u201d0.5\u2033][\/vc_column][vc_column width=\u201d1\/2\u2033 css=\u201d.vc_custom_1583639720858{padding-bottom: 20px !important;}\u201d][vc_column_text]<img decoding=\"async\" class=\"alignnone wp-image-10531 size-full\" src=\"http:\/\/tca.myavatarguide.com\/wp-content\/uploads\/2020\/02\/back-view-of-the-capitol-building-for-the-united-states-of-america-architecture-back-bill-blue_t20_AVK2z6-1.jpg\" alt=\"\" width=\"1013\" height=\"675\" loading=\"lazy\" srcset=\"https:\/\/tcacorp.com\/wp-content\/uploads\/2020\/02\/back-view-of-the-capitol-building-for-the-united-states-of-america-architecture-back-bill-blue_t20_AVK2z6-1.jpg 1013w, https:\/\/tcacorp.com\/wp-content\/uploads\/2020\/02\/back-view-of-the-capitol-building-for-the-united-states-of-america-architecture-back-bill-blue_t20_AVK2z6-1-300x200.jpg 300w, https:\/\/tcacorp.com\/wp-content\/uploads\/2020\/02\/back-view-of-the-capitol-building-for-the-united-states-of-america-architecture-back-bill-blue_t20_AVK2z6-1-768x512.jpg 768w\" sizes=\"auto, (max-width: 1013px) 100vw, 1013px\" \/>[\/vc_column_text][vc_column_text]<b>Geographic Tax Incentives:<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Business Opportunity Zone programs can provide businesses with incentives for locating new business expansion inside of identified local areas in need of economic revitalization.<\/span><\/p>\n<p>\u00a0<\/p>\n<p><b>Cost Segregation Credits:<\/b><\/p>\n<p><span style=\"font-weight: 400;\">This tax strategy is based on accelerating the rate of depreciation for specific real estate assets, and allows your business to realize expedited tax income savings.<\/span>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<p><\/p>\n<\/body>","protected":false},"excerpt":{"rendered":"<p>[vc_row css=\u201d.vc_custom_1583639996323{padding-top: 25px !important;}\u201d][vc_column][vc_custom_heading text=\u201dGovernment Incentives:\u201d font_container=\u201dtag:h2|font_size:40|text_align:left|line_height:1.2em\u201d text_resize=\u201dyes\u201d text_minimum=\u201d22\u2033 use_theme_fonts=\u201dyes\u201d css=\u201d.vc_custom_1581443568714{margin-bottom: 32px !important;}\u201d][cesis_line_divider pos=\u201dcesis_line_d_left\u201d width=\u201d80\u2033 color=\u201d#5caffd\u201d margin_bottom=\u201d32\u2033][vc_column_text letter_spacing=\u201d1\u2033] Identifying government programs and federal tax incentives are a simple way to boost profitability but many agencies have not yet implemented a review to assess their eligibility. We will collaborate with you to analyze your business and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-10656","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/tcacorp.com\/index.php?rest_route=\/wp\/v2\/pages\/10656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tcacorp.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/tcacorp.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/tcacorp.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tcacorp.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10656"}],"version-history":[{"count":1,"href":"https:\/\/tcacorp.com\/index.php?rest_route=\/wp\/v2\/pages\/10656\/revisions"}],"predecessor-version":[{"id":10788,"href":"https:\/\/tcacorp.com\/index.php?rest_route=\/wp\/v2\/pages\/10656\/revisions\/10788"}],"wp:attachment":[{"href":"https:\/\/tcacorp.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}