The COVID-19 pandemic dealt the nation’s economy a perfect storm of government-initiated stay-at-home orders and forced closures that impacted many companies’ profitability and caused a severe decline in employment. As a result, department budgets are under increased scrutiny and job changes are unprecedented. Finance and HR leaders are challenged with finding ways to improve the bottom line while attracting, retaining, and engaging their workforce. In this on-demand presentation Tax Credit Co. (TCC), a veteran of Financial Services / Human Capital Management, for 25 years provides a snapshot of the current landscape and the Verification of Employment, Work Opportunity Tax Credit and Employee Retention Tax Credit solutions that are available to help CFOs and CHROs navigate this storm.
- Ideal content for Finance Leaders (CFOs, VPs of Tax, Controllers, etc.) and HR Leaders (CHROs, VPs of HR, Payroll Managers, etc.)
- Ever-changing legislation is dynamic and complex, yet enabling companies to earn up to $19,000 per employee in tax credits
- COVID-19 is driving economic forces that are increasing requests of employment and income verifications