I met recently with one of our partners and he relayed to me the story of a customer who allowed them (our partner) to do an audit looking 3 years back to check for unclaimed tax credits. Now keep in mind that this customer had an existing vendor who was supposed to be processing and claiming tax credits, and that this vendor was (is) a highly visible publicly traded company (who shall go unnamed in this blog). A few weeks later our partner had identified $7.5M in unclaimed tax credits; and to be clear, that’s $7,500,000 in tax credits that this company had earned that their (former) tax credit processing vendor had not identified and claimed.
If you’d like a free, no-obligation audit of your employment tax credits for the past 3 years, and perhaps identify credits that are due your company, let me know. Even if you have an existing partner, remember the story above and remember that they were with a “highly reputable big public company”, yet they had missed millions in tax credits. With no risk or obligation, what do you have to lose?
Of course I’m hoping that if you find some free unclaimed money you’ll invest some of it in an onboarding system that will maximize your tax credit claims from that point forward. I’m happy to say that we have the best transactional onboarding system on the market, integrated and optimized with the best tax credit processor in the business.
I’ve got to run right now so don’t have time for a more complete blog on this topic, but I’ll be back in a couple of days with a listing of some of the tax credits that are out there – just from the federal government – that you could be taking advantage of.