Everyday Successes
Here are examples of the Everyday Successes experienced by our clients. These snippets are intended to be fast reading and do not represent an exhaustive list of every project we complete.
Small Chain - Big Tax Refund
One of our very first Taco Bell clients, this regional group of restaurants enjoyed two locations within a California Enterprise Zone. They were located within this zone for years before one of our representatives stopped in to talk about the benefits they were missing.
Within a few months, we completed a full retroactive tax credit analysis covering the prior four tax years. Soon after that, the owner of this group received four large tax refund checks totaling more than $100,000!
Quick Serve Chain
With 650 to 700 new hires annually, this highly respected restaurant group generated more than $630,000 in CA state tax credits for 2008. On the federal side, it also generated another $165,000 in combined Work Opportunity Tax Credits (WOTC) and Empowerment Zone Wage credits.
Mortgage Lender Saves Hundreds of Thousands
We recently completed a retroactive tax credit analysis under the California enterprise zone program for this lender in southern Callifornia. With a pool of 30 employees to evaluate, we secured tax credits of $170,000 from 2008 and 2009 and anticipate more than $100,000 in additional tax credit to be generated by wages paid to qualifying employees in upcoming years.
Small Machine Shop Receives Hefty Bonus
A small two-man machine shop was experiencing difficult times in Marysville, California. They didn't know they were located within a California enterprise zone. With a little help from Zone Centrix, this sole propriety secured a $19,000 tax refund that was completely unexpected -- taxes he had overpaid during the past few years while unaware that his businesses was already qualified.
We have been very happy with the results of Zone Centrix' tax credit services. One year, they documented federal employment-based tax credits for us averaging almost $170 per new employee!
At no up front cost to our company and with very little time spent on my part, Zone Centrix was able to get a substantial tax credit for MMG Technology Group based on our company residing in a California Enterprise Zone.
I encourage you to take advantage of this service and you won't be disappointed.
Rx Staffing has found the Work Opportunity Tax Credit program easy to coordinate and the tax credits add up surprisingly fast! You won’t find a more committed group to work with.
