Tax Credits

Get valuable insights on how to secure tax-saving opportunities for job creation, retention, research and other qualified expenses.

Did the IRS Really Change WOTC?

The IRS recently announced changes to WOTC, but in reality the announcement reinforced rules which were introduced when WOTC was first created.

Published: October 28, 2022 by Max Shenker
ERC for Skilled Nursing Facilities

Skilled nursing facilities have tended to avoid the employee retention credit because of its complexities, despite likely meeting eligibility requirements.

Published: October 26, 2022 by Don Johnson
ERC Overview and Preparing for an IRS Audit

Before filing a claim for the ERC, employers should fully understand its background and best practices to prepare for a possible IRS ERC audit.

Published: October 25, 2022 by , Max Shenker
What is Form 8850

Learn more about Form 8850 and how to use effectively for taking advantage of opportunities offered by the Work Opportunity Tax Credit program.

Published: October 11, 2022 by Matt Kelm
Real Deadline to Apply for the ERC

Understanding the correct filing deadline to apply for the ERC is essential for compliance and accurately qualifying for the tax credit.

Published: September 29, 2022 by Max Shenker
Employer Tax Credit Updates for September 2022

New updates for employer tax credit programs include directions on improperly forgiven PPP loans, a push for extending the ERC and new WOTC guidance.

Published: September 23, 2022 by Max Shenker
Four Questions to Ask an ERC Provider

Many vendors make big, generic promises about the ERC that fall short. Consider these four questions to ask an ERC provider before making a decision.

Published: September 20, 2022 by Maria Darovec
ERC Large or Small Eligible Employer Determination

The ERC is based on a percentage of qualified wages but can vary depending on the determination of classifying as a large or small eligible employer.

Published: September 19, 2022 by Max Shenker
An IRS ERC Refund Status Report from the Treasury Inspector General

The Treasury Inspector General for Tax Administration has issued a new report on IRS ERC refund processing delays affecting employers.

Published: September 9, 2022 by Max Shenker
How the Corporate Minimum Tax in the Inflation Reduction Act Affects Tax Credits

The Inflation Reduction Act has implications for tax credits. Here's how it affects WOTC, Empowerment Zone credits, ERC and more.

Published: August 9, 2022 by Max Shenker
Understanding WOTC Target Groups

Learn more about WOTC eligibility and WOTC target groups as well as why this program is considered a win-win situation for employers and employees.

Published: July 25, 2022 by Tim Cate
Paid Family Leave 2022 – Newly Enacted State Laws

Learn about new developments regarding state paid family leave laws in 2022 to determine the right course of action and ensure compliance.

Published: May 25, 2022 by
Securing Tax Savings with the Work Opportunity Tax Credit

Learn more about the benefits of the Work Opportunity Tax Credit and how to ensure tax savings while supporting individuals who face barriers to employment.

Published: May 25, 2022 by Tim Cate
Taking Advantage of the Newest WOTC Extension

Find out how the latest WOTC extension helps employers who are facing labor shortages and employees who need assistance in the process of finding jobs.

Published: May 25, 2022 by Tim Cate

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About Us

The Experian Services Insights blog focuses on providing updates and solutions for HR teams, business owners, tax pros and compliance officers looking to navigate complex regulatory landscapes while optimizing their workforce management processes. Some important topics include payroll tax, unemployment, income & employment verification, compliance, and improving the overall employee experience.