Labor Cost Control's "Work Opportunity Tax Credit Service" saves you 40% of the first $6,000 in wages on each eligible employee, or a bottom line tax credit of $2,400.
That represents a minimum labor cost savings of $1.50 per hour, and for most employers an greater savings.
For business owners, it is a direct tax credit to your tax return. For Sub-chapterS Corps, it passes right through to individual owners returns. For publicly held companies, it greatly enhances the stock multiple, and helps attract investors by increasing after-tax profits.
The principal in the company operated US Dept of Labor programs for 14 years, and is a published author. The jobs tax credit program he managed in government received national recognition in Business Week. |