Hiring & Equipment Credits

Success Stories – $50,000,000 and Counting

On many engagements, we have been very successful, despite the client/tax preparer’s belief that they were already taking full advantage of these credits. The following is a small sample of our results:

Company Profile
% of Qualifying Employees Original Tax Benefits HCVT Tax Benefits Increase
Mid-Tier Bank 18% $69,000 $6,329,300 9,173%
Community Bank 19% $0 $189,400 ∞%
Restaurant 34% $0 $704,200 ∞%
Franchised Restaurants 30% $0 $240,000 ∞%
Healthcare Management 16% $105,000 $1,072,100 1,021%
Medical Services 25% $0 $636,000 ∞%
Food Processor 45% $1,115,000 $3,227,500 289%
Beverage Retailer 20% $0 $620,100 ∞%
Grocery Retailer 33% $2,000 $1,265,100 63,255%
Manufacturer 16% $61,000 $1,080,600 1,771%
Advertising Services 20% $0 $862,800 ∞%
Steel Processor/Distributor 35% $2,000 $1,190,400

59,520%

Please note that certain industries such as manufacturers, processors and franchised restaurants have higher rates of employees qualifying for the Enterprise Zone credits.