Blog Archives

In the News: Working to Save Companies Tax Dollars

Posted on May 21, 2013 by Walton Management Services, Inc.

Do You Have Locations in NY? New York has extended the NY Youth Works Program from 2014 through 2018. Walton Management Services has been pleased to take a part in increasing the number of private sector jobs by assisting clients…

Tagged with: State Tax Credits, Federal Tax Credits, tax credits and incentives, Work Opportunity Tax Credits (WOTC), job creation, tax savings, tax incentive programs, business, jobs credits, Hire a Veteran, NY Youth Works Program, Returning Heroes Tax Credit, Wounded Warrior Tax Credit, Walton Management Services, unemployment, disadvantaged youth, Governor Cuomo, job training, Health Care Industry Zone Act, Mississippi, Advantage Jobs Credit, Jobs Tax Credit, Infrastructure Assistance, Veterans, healthcare, Alabama, New Mexico, Illinois, Philadelphia, Vermont, Wisconsin, Connecticut, Hire Veterans First
Posted in Tax Credits, State Tax Credits, Federal Tax Credits, Work Opportunity Tax Credits (WOTC), Tax Incentive Programs

Talk is in the Air

Posted on May 21, 2013 by Walton Management Services, Inc.

It is possible that the need for another debt ceiling agreement by September will be the external force necessary to overcome Congressional inertia on tax reform and with it the possibility of a permanent extension of the Work Opportunity Tax…

Tagged with: business, Dave Camp, Federal Tax Credits, Tax Credits, tax credits and incentives, tax incentive programs, tax reform, Walton Management Services, Work Opportunity Tax Credits (WOTC), WOTC
Posted in Federal Tax Credits, Tax Credits, Tax Incentive Programs, Work Opportunity Tax Credits (WOTC)

California Enterprise Zone Update

Posted on May 20, 2013 by Walton Management Services, Inc.

This month California’s legislature and the governor’s office have put forth legislation to dramatically alter the California Enterprise Zone Program (CA EZ). First, SB 434 passed the California Senate Governance and Finance Committee along a party-line vote and now heads…

Tagged with: business, CAEZ, State Tax Credits, Tax Credits, tax credits and incentives, tax incentive programs, tax savings, Walton Management Services
Posted in California Enterprise Zone (CAEZ) Tax Credits, State Tax Credits, Tax Credits, Tax Incentive Programs

Business Financial Incentive Updates

Posted on May 9, 2013 by Walton Management Services, Inc.

Colorado Enterprise Zone Revision Colorado has limited the credit for new business facility employees to income tax years beginning before January 1, 2014, and repealed the credit effective December 31, 2019; enacted a new credit for income tax years beginning…

Tagged with: business, Colorado Enterprise Zone Revision, Indiana Infrastructure Development Zone, Maryland Business Improvement Credit, Maryland Cybersecurity Investment Incentive Tax Credit, Massachusetts Small Business Wellness Program Tax Credit, New York Youth Works Program, North Dakota Renaissance Zone Exemption, State Tax Credits, Tax Credits, tax credits and incentives, tax incentive programs, tax savings, Walton Management Services, West Virginia Film Industry Investment Credit
Posted in State Tax Credits, Tax Credits, Tax Incentive Programs

2 More Webinars – Retroactive WOTC

Posted on March 19, 2013 by Walton Management Services, Inc.

Maximize the value of the WOTC program now before it is too late! Two upcoming webinars available to learn more about IRS ruling on WOTC retroactivity and how to take advantage of it! Sign up now before it is too…

Tagged with: Federal Tax Credits, Tax Credits, tax credits and incentives, tax incentive programs, Walton Management Services, webinar, Work Opportunity Tax Credits (WOTC), WOTC
Posted in Federal Tax Credits, Tax Credits, Tax Incentive Programs, Webinar, Work Opportunity Tax Credits (WOTC)

FREE Webinar – WOTC: What You Need To Know

Posted on March 14, 2013 by Walton Management Services, Inc.

Maximize the value of the WOTC program now before it is too late! Join us for a Webinar on Friday, March 15 at 1:30PM EDT - Learn about the recent IRS ruling on retroactivity, and what you need to know to…

Tagged with: Federal Tax Credits, retroactive credits, Tax Credits, tax credits and incentives, tax incentive programs, Walton Management Services, Work Opportunity Tax Credits (WOTC), WOTC
Posted in Federal Tax Credits, Tax Credits, Tax Incentive Programs, Webinar, Work Opportunity Tax Credits (WOTC)

UPDATE IRS Transition Relief: Full Retroactive WOTC

Posted on March 13, 2013 by Walton Management Services, Inc.

A short duration opportunity exists to retroactively take advantage of the WOTC Program. Companies may retroactively screen for WOTC qualifiers. Per IRS Notice 2013-14 released Friday, March 8, the 28-day deadline for submitting IRS form 8850 for qualifying employees has…

Tagged with: business, Federal Tax Credits, job creation, Tax Credits, tax credits and incentives, tax incentive programs, Work Opportunity Tax Credits (WOTC), WOTC
Posted in Federal Tax Credits, Tax Credits, Tax Incentive Programs, Work Opportunity Tax Credits (WOTC)

IRS Transition Relief: Retroactive Processing Capture for WOTC

Posted on March 11, 2013 by Walton Management Services, Inc.

A potential opportunity to earn additional tax credits for WOTC qualifiers is available to companies willing to resubmit 8850s for certification. Per IRS Notice 2013-14 released Friday, March 8, the 28-day deadline for submitting IRS form 8850 for qualifying employees…

Tagged with: Federal Tax Credits, Tax Credits, tax credits and incentives, veteran, Work Opportunity Tax Credits (WOTC), WOTC
Posted in Federal Tax Credits, Tax Credits, Tax Incentive Programs, Work Opportunity Tax Credits (WOTC)

The New York Senate Moves to Extend the NY Youth Works Program for the Year 2014

Posted on February 20, 2013 by Walton Management Services, Inc.

Concerned about record high unemployed among New York youth, Senate bill 3763-2013, sponsored by Kennedy and referred to the Labor Committee, proposes to extend through 2014 the New York Youth Works tax credit program which provides tax incentives to employers…

Tagged with: disadvantaged youth, Governor Cuomo, job creation, job training, NY Youth Works Program, Senate bill 3763-2013, State Tax Credits, Tax Credits, tax credits and incentives, tax incentive programs
Posted in State Tax Credits, Tax Credits, Tax Incentive Programs

New Jersey Tax Credit Program to Help Small Businesses Hire Unemployed Workers

Posted on February 16, 2013 by Walton Management Services, Inc.

The New Jersey General Assembly approved the “New Jobs for New Jersey Act” (A-3312/S-2211), a bill sponsored by Assemblymen Burzichelli, Singleton, DeAngelo, Benson, Coutinho, and Ramos, which establishes a New Jobs for New Jersey tax credit program to provide incentives…

Tagged with: business, corporation business tax, disability, gross income tax, job creation, Medicare, New Jersey, New Jobs for New Jersey Act, payroll taxes, small businesses, Social Security, State Tax Credits, Tax Credits, tax credits and incentives, tax incentive programs, unemployment
Posted in State Tax Credits, Tax Credits, Tax Incentive Programs

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