<script type=" text=""/>

Federal Tax Credits & Incentives

Increase your company's bottomline through OnCentive's comprehensive credit approach

Schedule a Call To Learn
More About Federal Tax Credits

ERC ASSESSMENT

Are you a business owner looking to boost your bottom line?



The U.S. Government offers a range of incentives to companies that invest in capital, create jobs, and hire individuals facing significant employment barriers. These programs, including the Work Opportunity Tax Credit (WOTC), Solar Tax Credits, and many more, are designed to spur growth in disadvantaged areas and promote economic development across various industries.


But with so many programs available, it can be challenging to determine which ones are right for your business. That's where OnCentive comes in. Our team of experts specializes in helping businesses navigate the complex world of incentives to find the ones that are most advantageous for your specific needs. We offer comprehensive credit analysis services that ensure your company receives maximum benefit from the available credits, saving you time and money.

Work Opportunity Tax Credit (WOTC)

The Work Opportunity Tax Credit (WOTC)  encourages employers to hire individuals from targeted groups who historically faced employment barriers, worth up to $9,600 per eligible new hire.

LEARN MORE

Research & Development (R&D) Tax Credit

The Research and Development (R&D) Tax Credit is a $18B government incentive offered to companies who create or improve products or processes in the course of their business.

LEARN MORE

Solar Tax Credits

Offset your tax liability with the day to day activities of your business. The Residential Clean Energy Credit allows you to subtract 30 percent of solar costs off your federal taxes, through 2032.

LEARN MORE

FICA Tip Tax Credit

The Federal Insurance Contributions Act (FICA) Tip Credit is a tax credit available to employers in the food and beverage industry, offsetting the social security and Medicare taxes paid on their employees' tip income.

LEARN MORE

Negotiated & Specialty Credits

Reduce capital project costs and ongoing operational expenses by utilizing tax credits, grants, and financing programs.

LEARN MORE

Disaster Recovery

The Disaster Employee Retention Tax Credit encourages employers to retain affected employees after 2018-2020 natural disasters in 28 states and territories across the US.

LEARN MORE

OnCentive's Comprehensive Credit Analysis

Businesses are missing out on billions of dollars in potential tax credits and incentives by failing to thoroughly evaluate their eligibility for all available federal, state, and local programs. These credits can significantly benefit individual employers, as they may qualify for multiple credits that can be "stacked," or used in conjunction with each other. However, it is important to ensure compliance when claiming these credits, as failure to screen applicants within the correct timeframe, file within the proper period, or properly complete forms can result in missed opportunities.



Additionally, it is important to have a comprehensive approach to claiming credits, as using multiple providers for different credits can lead to non-compliant claims. Using a single provider to screen for all available credits can maximize benefits and ensure compliance, as it allows for the identification of the most lucrative credits for the business. This can include credits such as the Federal Work Opportunity Tax Credit (WOTC) and state hiring credits, as well as credits for new job creation. Don't let your business leave money on the table - make sure to thoroughly evaluate your eligibility for all available tax credits and incentives.

Get Started

$3 Billion

Tax Credit Claims for Clients


100%

Audit Support


150+ Years

Credit Experience


WHAT'S A TAX CREDIT?

Tax credits are a powerful tool that can help you reduce your taxable income and directly impact your annual tax bill. A dollar-for-dollar reduction of the income tax you owe, a tax credit can reduce the amount of tax you owe or increase your tax refund. Tax credits also differ from deductions and exemptions.

Schedule a call with an OnCentive Expert

Don’t Disqualify Yourself. Our Experts Determine Your Eligibility For Free.


Talk to one of our tax credit experts to determine how to best increase your company's profitability.


Schedule Call
Share by: