Tax Credit

Let Us do the Hard Work

Jumping through IRS hoops can be time consuming for your company. DuPond Corporate Management has assisted companies across the USA with completing all the necessary forms and data that accountants use to complete your tax returns. We’ve obtained millions of dollars in tax credits for our clients since 1979!

We do the Work for You

• DuPond Corporate Management will meet with you to discuss your potential benefits from Work Opportunity Tax Credits.
• Once we agree on your plan, DCM will be designated as your representative via a power of attorney filed with the state agency in each state you operate.
• DCM trains your front line HR staff responsible for hiring. We provide all the forms and make sure they know how to use them!
• The forms are returned to us according to contract terms.
• We work with your payroll department to report to you monthly.
• By the end of your fiscal year, we will have provided all the information you need to claim your credits on your tax return!

How much in tax credit can I actually get?

• The WOTC/WTW program offers a tax credit to the employer in the amount of 40% of the first $6,000 earned by the employee or $2,400.00 (some veterans programs offer up to 40% of the first $12,000 or $4,800).
• There is a graduated incentive concept in place as well. The tax credit can be earned beginning after the first 120 hours of employment. The employer can claim a 25% tax credit of wages earned.
• The second tier is at 400 hours. An employer can claim 40% of wages earned.
• THE MAXIMUM TAX CREDIT IS $2,400 IN THE WOTC PROGRAM.
• The third tier of the WOTC program is called Welfare to Work. The employer can claim 50% of the first $10,000 earned during the 2nd year of employment – $5,000.00. With this and the WOTC tax credit, an employer could earn up to $7,400 tax credit on a single employee!!

How does DCM get information from our employees?

• DuPond Corporate Management uses a person to person telephone screening process to identify eligible applicants. Though this is a more expensive way to operate, we’ve found it to be the most effective.
• Employees left to complete paperwork on their own don’t always complete it correctly.
• Computer generated programs can’t ask for clarity or catch mistakes.
• Effective screening methods lead to a higher return of tax credits.