How you invest in your people is among the most important financial decisions you can make.
Budgeting for critical human capital investments is made a little easier with tax credits for employers. Federal, state and local governments offer workforce programs that incentivize workplace diversity and facilitate access to jobs for American workers. Employment-related tax credits and incentives are offered to employers who create jobs, hire individuals from targeted groups, retain employees and provide training opportunities.
BDO helps companies identify, claim and support employment-related tax credits and incentives. We leverage a technology-enabled approach to efficiently collect the information needed to calculate and claim credit opportunities while maintaining employee privacy. We bring deep knowledge across HR, finance, payroll, and tax to guide you through the entire claims process, from identifying the right workforce investments to overseeing compliance with incentive programs.
How BDO Can Help
Offset Workforce Investments
Secure funding to increase investments in your people while reducing your dollar-for-dollar tax liability.
Increase Resilience
Hold on to your talent through tough times with employee retention credits.
Incentivize Diversity
Give more opportunities to underemployed groups like veterans or food stamp recipients.
Tax Credits for Employers
BDO can help you identify opportunities that support continued investment in your people.
State incentives and income tax credits for new job creation
Rewards for companies that offer jobs in distressed areas
Relief for employers whose businesses were negatively affected by COVID-19 to keep employees on their payroll
At BDO, you can do much more than fulfill your career ambitions — here, you can explore your full potential. That’s because we’re committed to helping our employees achieve on both personal and professional levels.