Increase Cash Flow and Reduce Federal Income Tax Liability

Federal and State Hiring and Wage-Based Credits

Presented on December 6, 2023

Gina Kucera, Director, State & Local Tax Services
Gabriel Sermeno, Director, State & Local Tax Services
MaryCaitlin Willcuts, Manager

Supporting and hiring professionals from historically disadvantaged backgrounds may be part of your business culture and values, but it could also help you increase your cash flow and reduce federal income tax liability.

The federal government and several states allow businesses to claim tax credits for certain eligible individuals and for conducting business in specifically designated areas. However, leveraging these credits without insight from experienced advisors can be a time-consuming process that poses administrative burdens.

Join us for our webcast, Federal and State Hiring and Wage-Based Credits, as we discuss the requirements for and possible savings of these tax credit opportunities.

Topics include:

State tax credit examples
Work Opportunity Tax Credit (WOTC)
Employee Retention Tax Credit (ERTC)
Disaster credits

Related Topics

Tax Credit May Apply for Businesses Damaged by a Federally Declared Disaster

Work Opportunity Tax Credit Receives 5-Year Extension

Law Extends Several Key Hiring Tax Credits Including Work Opportunity Tax Credit

Contact Us with Questions

First Name

Last Name

Email

Organization

Title

City

State

Phone

Additional Information

How did you hear about us?

I agree to the terms and conditions of the Moss Adams privacy policy <a href="/privacy" target="_blank">here</a>.

I agree to the terms and conditions of the Moss Adams privacy policy here.

The material appearing in this communication is for informational purposes only and should not be construed as legal, accounting, or tax advice or opinion provided by Moss Adams LLP. This information is not intended to create, and receipt does not constitute, a legal relationship, including, but not limited to, an accountant-client relationship. Although these materials have been prepared by professionals, the user should not substitute these materials for professional services, and should seek advice from an independent advisor before acting on any information presented. Moss Adams LLP assumes no obligation to provide notification of changes in tax laws or other factors that could affect the information provided.