Press Release

Fingercheck Announces Integrated Work Opportunity Tax Credit Service, Powered by WOTC.com

By Emily Donato
July 17, 2024

Fingercheck Clients Are Now Able to Leverage Lucrative Federal Hiring Credits

BROOKLYN, NY,  July 17th, 2024 Fingercheck, is excited to announce the launch of their integrated Work Opportunity Tax Credit service, powered by their new tax credit company, WOTC.com.

The Work Opportunity Tax Credit (WOTC) is a federal hiring incentive available to employers, rewarding them for every new hire who falls within one of several eligibility groups. Depending on the qualifications, companies may be eligible to receive between $2,400 to $9,600 per qualified new hire. 

The newly launched service will allow WOTC.com to screen Fingercheck clients’ new employees for WOTC eligibility and manage proper documentation, filing, and certification. WOTC.com technology integrates directly with State Workforce Agencies, offering higher compliance and faster turnaround time for clients’ credits getting certified. 

“Most businesses are unaware of how lucrative capturing the Work Opportunity Tax Credit can be. On average, 30% of new hires fall within one of the Work Opportunity Tax Credit’s specific categories,” said Anthony Curlo, WOTC.com’s Chief Strategy Officer. “However, that percentage is much higher in high-turnover industries such as home care, hospitality, food service, construction, manufacturing, staffing, and other blue-collar trades.”

“We’re excited to partner with WOTC.com to offer an optimized tax credit service that empowers our customers to strengthen their businesses,” said Tiffany Haynes, COO of Fingercheck. “This partnership is a testament to our commitment to a customer-centric approach, providing employers with more resources to grow and succeed. WOTC.com’s expert tax teams maximize credit value while minimizing effort, making it seamless for Fingercheck customers to benefit from these tax credits.”

Unlike other tax credits and recovery programs, capturing the Work Opportunity Tax Credit is often a function of a company’s HR department, rather than their accounting department. In order to leverage these credits, a business needs to apply within the first 28 days of a new employee’s start date and receive a certification verifying that the new hire is a member of a specific category before they can claim the tax credit. After the required certification is secured, taxable employers claim WOTC as a general business credit against their income taxes, and qualified tax-exempt employers claim WOTC against their payroll taxes Social Security tax liability.

By signing up for WOTC services powered by WOTC.com, Fingercheck clients can capture these underutilized credits and increase their business’ profitability without increasing their team’s workload. Fingercheck clients assume no upfront financial risk by signing up for WOTC services due to WOTC.com 100% success-based fee structure.

“Operating solely on success fees means we are more committed to ensuring the highest compliance to get you the most certified credits possible,” said Anthony Curlo. “If we don’t provide you with tax credits, you don’t owe us anything!”

ABOUT Fingercheck:

Fingercheck is changing the way people do business with a powerful suite of automated solutions, spanning payroll, scheduling, hourly time tracking, hiring, onboarding, benefits administration, tax, and compliance. Headquartered in Brooklyn, New York, Fingercheck is on a mission to build enterprise-level management tools for everyday businesses and has helped over 5,000 companies with over 100,000+ workers. Recognized by G2’s Best Software Awards for multiple accolades, including Top 50 HR Products, Fingercheck is leading the way in small business software functionality, flexibility, and support. Visit www.fingercheck.com to discover the power of Fingercheck.

ABOUT WOTC.com:

WOTC.com is a Financial Services consulting firm that helps businesses maximize government incentives and tax credits to increase their profitability. Leveraging their leaderships’ 100 years of combined credit expertise and their state-of-the-art custom technology, WOTC.com has captured over $1 billion in government incentives for clients, with $0 returned to the IRS. WOTC.com team of credit experts helps businesses with federal and state incentive credits like the Work Opportunity Tax Credit, Research and Development Tax Credit, and many others.

Media Contacts:

Anthony Curlo

Chief Strategy Officer

anthony@wotc.com

155 Chestnut Ridge Road

Suite 105

Montvale, NJ 07645

Ph: (212) 635-9500, x300

Fingercheck Media Contact:

Christian Kunkel

CMO

ckunkel@fingercheck.com

Table of Contents

Work smarter, not harder

Automate your payroll and HR systems with Fingercheck today!

Stay in the loop

Get all the latest Payroll, Scheduling, and Time Tracking tips for your deskless workforce.

This field is for validation purposes and should be left unchanged.
Shopping Cart