Your Questions Answered!

1. Login to your Client Portal using the username and password you selected at clients.gmgsavings.com, be sure to bookmark this page.
2. Once you login click “Company Settings”.  Here you can add locations you will be hiring for, positions, and add authorized users you want to be able to screen candidates.
3. From the Home screen simple click “Add Candidates or Employees”.   This will automatically email your candidate the confidential survey that is used to pre-qualify them.   

In your Client Portal you will be able to see the status of each candidate including the amount they pre-qualify for once they’ve completed the survey.

WOTC is a great program for almost every employer.  But clients will benefit from looking at all Employer Based Tax Incentives.  The most notable two programs in addition to WOTC are Section 41 R&D Tax Credit, and the Startup Tax Credits.

Regardless of Any Individual Candidate or Employee

Virtually All Employers in These Industries Qualify for Employer Based Tax Incentives:

• Manufacturers
• Software Companies
• Producers of Products 
• Architectural / Engineering / Design Groups
• Pharmaceutical Companies
• Labs
• Startup Companies
• Companies Performing Technical Functions

The Financial Meltdown in the mid 2000’s brought about a renewed focus on Job Creation.  With this we saw massive expansion of Federal Tax Incentives for creating, and maintaining jobs.  This was done through the Small Business Jobs Act, The American Recovery and Reinvestment Act, Numerous Job Creation and Protection Acts, and most notable the PATH Act signed by President Obama for effective changes in 2016 through 2022.

The pattern in the last decade is that with the passing of each Act, more and more companies are eligible for Employee based Tax Incentives that broaden not only WOTC itself, but hundreds of programs that surround it.  

Virtually any business can now benefit from Employer Based Tax Incentives because even candidates that don’t qualify for WOTC often qualify for other tax incentives.

Make sure we are working with your company on not just WOTC, but all Tax Incentives for your Company.   Contact us to add these features (at no additional monthly cost to your Client Portal).   Click the support button above or call us at 877.787.7083  

WOTC is a Federal tax credit created by the Small Business Job Protection Act of 1996 and the Welfare-to-Work Tax Credit of 1996.  This credit is available to employers who hire and retain from target groups. Employers claim about $1 billion in tax credits each year under the WOTC program. There is no limit on the number of individuals an employer can hire to qualify to claim the tax credit, and there are a few simple steps to follow to apply for WOTC.

• Veterans
• TANF Recipients
• SNAP (Food Stamp) Recipients
• Designated Community Residents (living in Empowerment Zones or Rural Renewal Counties)
• Vocational Rehabilitation Referral
• Ex-felons
• Supplemental Security Income Recipients
• Summer Youth Employee (living in Empowerment Zones)

Candidates not qualified under the above program virtually always qualify under our Additional Employer Credits – Click Here.  

Employers generally can earn a tax credit equal to 25% or 40% of a new employee’s first-year wages, up to the maximum for the target group to which the employee belongs. Employers will earn 25% if the employee works at least 120 hours and 40% if the employee works at least 400 hours. The average benefit per employee is $2,400.00.

The only way to know is by processing a new candidate or employee.