Can You Combine FEZEC with Other Tax Credits?
Navigating tax credits can often feel like solving a complex puzzle, especially when attempting to maximize savings across multiple programs. A common question business owners ask is: Can I stack federal tax credits? Yes—but with specific conditions to ensure compliance and avoid double-dipping. Strategically combining tax credits allows your business to unlock thousands of dollars…
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Empowerment Zone Tax Credits: Are You Missing Out on $3,000 Credit Per Employee?
If your business operates in an economically distressed community, you could be leaving thousands of dollars on the table each year. Through the Federal Empowerment Zone Employment Credit, eligible employers can claim up to $3,000 per qualified employee annually—yet many business owners never apply simply because they do not know what an Empowerment Zone is…
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Who Qualifies for FEZEC? Employer and Employee Requirements Explained
For businesses aiming to boost their bottom line while uplifting local communities, the Federal Empowerment Zone Employment Credit (FEZEC) is a powerful, yet frequently overlooked tax incentive. At Tax Credit Group (TCG), our mission is to simplify complex federal incentives and maximize your annual savings. If your business operates in a designated zone, you could…
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What Expenses Qualify for the R&D Tax Credit?
Small- and mid-sized businesses often miss out on one of the most lucrative tax incentives available: Federal Research and Development Tax Credit. If your business is involved in design and development of new products, manufacturing process improvement, or custom software development, you are more than likely eligible for thousands of dollars in R&D tax credits. To…
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5 Common WOTC Mistakes That Cost Employers Time and Money
The Work Opportunity Tax Credit (WOTC) is one of the most powerful federal incentives available to businesses, offering up to $9,600 per eligible new hire. However, many employers fail to maximize their WOTC tax credits due to challenging federal and state compliance requirements. To maximize your WOTC tax credits and improve your bottom line, avoid…
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Employee Retention Tax Credit: ERC Refund Delays
If your business filed for the Employee Retention Credit (ERC) for years 2020 and 2021 on time but still hasn’t seen a refund, you’re not alone. Thousands of companies are caught in limbo, waiting for the IRS to process their claims. The ERC was supposed to provide fast relief — but the system has been…
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