WORKFORCE SOLUTIONS
Enterprise zone programs
Tax Credits and Incentives
Each year, employers are eligible to claim billions of
dollars in available federal, state, and local tax credits and
incentives. However, while these programs can effectively
add material value to your company’s bottom line, they
can be complex and time consuming to understand and
effectively implement. Further, many credits carry forward
so that even if they cannot be used in the current tax year,
you may be able to use them in the future. By partnering
with Equifax, you can maximize tax credit and
incentive opportunities.
> Employment Verification
Offer your employees automated employment
and income verifications.
> Unemployment Cost Management
Reduce unemployment costs through claims
processing, hearing representation, and
reemployment strategies.
Job creation incentives
“Reduce Tax Liability and Risk”
Economic
Development
Incentives
Location
Based
Incentives
> I-9 Management
Maintain compliance with immigration and
E-Verify® regulations by completing and storing
federal I-9s electronically.
> Workforce Analytics
Integrate workforce and other relevant data for
user-obvious reporting, analytics, and benchmarking.
Tax Credits
and Incentives
Work
Opportunity
Tax Credit
More Equifax Workforce Solutions
that save time and money
Research
and
Recovery
> Onboarding
Collect and manage information for new hire forms
online to increase compliance and eliminate costs.
Investment incentives
While federal tax credit programs like the Work Opportunity
Tax Credit (WOTC) program are well known, there are
numerous state and local programs that many organizations
are not aware of, and therefore do not pursue. Here are some
of those programs and the states that offer them (in red):
Tax Credits and Incentives
> Tax Credits and Incentives
Capture all the federal, state, and local tax credits
and incentives you’re eligible for.
We know where to look.
> Paperless Pay
Offer electronic paystubs and paycards and
better manage direct deposits, W-4s, and other
employee information.
Research and development incentives
We combine technology and expertise to identify and capture all the federal,
state, and local tax credits available to your organization.
> W-2 Management
Deliver an electronic W-2 option to your employees,
including optional paper distribution, reissues,
corrections, and tax software upload capability.
> Employment Tax Services
Receive comprehensive tax consultation to ensure you
are in compliance and identify refund opportunities.
> Assessments
Leverage best-in-class assessments and technology
to help you identify, hire, and develop the right people.
> Garnishments
Diminish the paperwork and liability of employee
garnishment processing.
Contact Us Today
For more information, please contact:
[email protected]
800-888-8277
www.equifaxworkforce.com
EFX-WS-4005-09/04/2012
Equifax and EFX are registered trademarks of Equifax, Inc.
Inform>Enrich>Empower is a trademark of Equifax, Inc. E-Verify®
is a registered trademark of the Department of Homeland Security.
© 2012 Equifax Workforce Solutions, a/k/a TALX Corporation,
a wholly owned subsidiary of Equifax Inc., Atlanta, Georgia.
All rights reserved.
WORKFORCE SOLUTIONS
Enterprise zone programs
Tax Credits and Incentives
Each year, employers are eligible to claim billions of
dollars in available federal, state, and local tax credits and
incentives. However, while these programs can effectively
add material value to your company’s bottom line, they
can be complex and time consuming to understand and
effectively implement. Further, many credits carry forward
so that even if they cannot be used in the current tax year,
you may be able to use them in the future. By partnering
with Equifax, you can maximize tax credit and
incentive opportunities.
> Employment Verification
Offer your employees automated employment
and income verifications.
> Unemployment Cost Management
Reduce unemployment costs through claims
processing, hearing representation, and
reemployment strategies.
Job creation incentives
“Reduce Tax Liability and Risk”
Economic
Development
Incentives
Location
Based
Incentives
> I-9 Management
Maintain compliance with immigration and
E-Verify® regulations by completing and storing
federal I-9s electronically.
> Workforce Analytics
Integrate workforce and other relevant data for
user-obvious reporting, analytics, and benchmarking.
Tax Credits
and Incentives
Work
Opportunity
Tax Credit
More Equifax Workforce Solutions
that save time and money
Research
and
Recovery
> Onboarding
Collect and manage information for new hire forms
online to increase compliance and eliminate costs.
Investment incentives
While federal tax credit programs like the Work Opportunity
Tax Credit (WOTC) program are well known, there are
numerous state and local programs that many organizations
are not aware of, and therefore do not pursue. Here are some
of those programs and the states that offer them (in red):
Tax Credits and Incentives
> Tax Credits and Incentives
Capture all the federal, state, and local tax credits
and incentives you’re eligible for.
We know where to look.
> Paperless Pay
Offer electronic paystubs and paycards and
better manage direct deposits, W-4s, and other
employee information.
Research and development incentives
We combine technology and expertise to identify and capture all the federal,
state, and local tax credits available to your organization.
> W-2 Management
Deliver an electronic W-2 option to your employees,
including optional paper distribution, reissues,
corrections, and tax software upload capability.
> Employment Tax Services
Receive comprehensive tax consultation to ensure you
are in compliance and identify refund opportunities.
> Assessments
Leverage best-in-class assessments and technology
to help you identify, hire, and develop the right people.
> Garnishments
Diminish the paperwork and liability of employee
garnishment processing.
Contact Us Today
For more information, please contact:
[email protected]
800-888-8277
www.equifaxworkforce.com
EFX-WS-4005-09/04/2012
Equifax and EFX are registered trademarks of Equifax, Inc.
Inform>Enrich>Empower is a trademark of Equifax, Inc. E-Verify®
is a registered trademark of the Department of Homeland Security.
© 2012 Equifax Workforce Solutions, a/k/a TALX Corporation,
a wholly owned subsidiary of Equifax Inc., Atlanta, Georgia.
All rights reserved.
How we do it:
Tax Credit and
Incentive Services
Work Opportunity Tax Credit
The Work Opportunity Tax Credit (WOTC) program reduces the
federal income tax liability of companies who employ individuals who
are considered to have barriers to employment. This program was
specifically enacted by the federal government to promote the hiring
of certain targeted demographic groups. In addition, many states
have adopted additional hiring credits that “piggyback” on the WOTC
program. These state credits offer similar planning strategies to reduce
state income tax liability.
WOTC strategic program performance management
 Existing partnerships – leverage data from other Equifax services
(Employment Verifications, Unemployment and I-9 Management)
 Key performance indicators (KPI) – Daily review and measurement
to increase ROI
 3rd party databases to secure documentation – increases certification
volume and results
 Online reporting – 24/7 real-time updates with data refreshed daily
 Dedicated service team –focused on program performance
 Training and education – maximizes location and program success
 Government relations – state outreach and legislative advocacy
Critical to achieving savings with WOTC is seamless integration in your
company’s hiring process. Equifax offers tax credit screening options to
meet your applicants where they are, including: paper form screening,
call-in screening, and online screening. In addition, Equifax integrates
or links to the most popular applicant tracking and employee lifecycle
management systems, including Taleo. In fact, Equifax is a certified
passport partner in the recruiting module of Taleo Enterprise versions
7.5 and 10.
Based on the current economic situation, employers continue to
examine strategies to reduce both federal and state income tax liability.
The WOTC program offers federal tax credits ranging from $2,400 to
$9,000 per eligible employee.
TCI Tax Management
1. Identification
2. Verification
3. Certification
4. Reporting
New hire process
 Onboarding
 Applicant tracking
Methodology
 Tax questionnaire
 Form 8850
Types
 Activity based
 Financial results
Screening options
 Paper
 Telephone
 Web
Compliance
 28-day filing deadline
 Supporting documents
Certifications
 Received
 Pending
 Denied
 Appealed
Candidate eligibility
 WOTC
 Other screening credits
Document Capture
 Employee specific
 Third-party validation
 Administered process
Government relations
 Federal level
 State level
 Agency visits
 Documentation requests
 Taxpayer advocacy
 Quality assurance
 Technology advances
Experience and expertise
 National coverage with local insight
 Simplified and integrated new hire process
 Independent document collection - 3rd party validation
 Focus on additional hiring credit opportunities
 Innovative training and education
 Dedicated account teams, including WOTC specialists
 Leverage existing data for location based incentives
Performance
 Screening compliance
 Forms compliance
 Eligibility percent
 Percent certified
 Average certification
Management
 Compliance
 Lost opportunities
 Tax report filings
Proven results
 Measurable return on investment
 Enable clients to focus on more critical tasks
 Immediate measurement and communication of metrics
 Transparency through online management reports
 Proactive and effective government relations team
 Focused on compliance to maximize credits
Location based incentives
Analyze
Customize
Calculate
Report
Employer data
 Locations
 Head count
 Industry
Incentive analysis
 Federal programs
 State programs
Financial impact
 Consultative review
 Confirm programs
 Calculation methods
Incentive delivery
 Quantify results
 Track incentives
 Monitor credits
 Exception reporting
 Annual reviews
Financial review
 Federal liabilities
 State liabilities
 Current credit capture
 Determine thresholds
 Open tax years
 Audits in process
 Mergers and acquisitions
Strategy and design
 Employer initiatives
 Planned employment
 Investment growth
 Projected liabilities
 Expansions
 Consolidations
 Relocation activity
 Research and recovery
1
Federal, state, and local governments offer geographic (location based)
tax credits and incentives. These credits and incentives are designed to
encourage job creation, investment, and economic development. Some
of these are statutory incentives, while others are negotiated based
on an organization’s unique objectives and needs. As companies seek
to decrease tax liability, increase profitability, plan capital purchases,
expand locations, and increase hiring, tax incentives should be reviewed
to support company initiatives.
Equifax uses a combination of experienced tax professionals and
proprietary processes to produce a customized Incentive Analysis
Implementation
 Ongoing data
 Timely filings
 Approvals secured
 Certification received
2
Tax support
 Legislative updates
 Audit defense
 Ongoing education
 Dedicated staff
3
(IA) for all your locations to identify all available tax incentive capture
opportunities among the thousands of programs that Equifax tracks.
Experience and expertise
 National coverage with local insight
 Detailed financial planning review – incentive analysis
 Team of CPA’s, JD’s, and tax specialists
 Unique geocoding technology
 Consultative approach on strategy, design, and execution
 Dedicated account teams, including location based incentive
tax specialists
Proven results
 Measurable return on investment
 Enable clients to focus on
more critical tasks
 Manage client priorities
to maximize credits
 Match available credits with
client approved opportunities
 Audit management and support
Report summary
Equifax offers online reporting
to provide our clients access
to the status of their program
performance 24/7. This system
provides you and your staff with
better and faster tools to track
and report screening performance
metrics, credit calculations,
and key performance indicators.
Research and recovery service
Employers are challenged with monitoring ongoing
changes to tax credit and incentive programs in states
where they have operations. Opportunities to secure
tax savings may have been overlooked in prior years
due to lack of information or resources. Substantial
refunds can be secured in a historical review. In
addition, audits in progress and open tax years may
offer additional recovery opportunities.
Proven results
 Federal and state programs
 Empowerment zones/renewal communities
 Enterprise zones
 Katrina and other disaster credits
 HIRE act
 Job creation and hiring
 Training and investment
For more information, go to
www.equifaxworkforce.com
How we do it:
Tax Credit and
Incentive Services
Work Opportunity Tax Credit
The Work Opportunity Tax Credit (WOTC) program reduces the
federal income tax liability of companies who employ individuals who
are considered to have barriers to employment. This program was
specifically enacted by the federal government to promote the hiring
of certain targeted demographic groups. In addition, many states
have adopted additional hiring credits that “piggyback” on the WOTC
program. These state credits offer similar planning strategies to reduce
state income tax liability.
WOTC strategic program performance management
 Existing partnerships – leverage data from other Equifax services
(Employment Verifications, Unemployment and I-9 Management)
 Key performance indicators (KPI) – Daily review and measurement
to increase ROI
 3rd party databases to secure documentation – increases certification
volume and results
 Online reporting – 24/7 real-time updates with data refreshed daily
 Dedicated service team –focused on program performance
 Training and education – maximizes location and program success
 Government relations – state outreach and legislative advocacy
Critical to achieving savings with WOTC is seamless integration in your
company’s hiring process. Equifax offers tax credit screening options to
meet your applicants where they are, including: paper form screening,
call-in screening, and online screening. In addition, Equifax integrates
or links to the most popular applicant tracking and employee lifecycle
management systems, including Taleo. In fact, Equifax is a certified
passport partner in the recruiting module of Taleo Enterprise versions
7.5 and 10.
Based on the current economic situation, employers continue to
examine strategies to reduce both federal and state income tax liability.
The WOTC program offers federal tax credits ranging from $2,400 to
$9,000 per eligible employee.
TCI Tax Management
1. Identification
2. Verification
3. Certification
4. Reporting
New hire process
 Onboarding
 Applicant tracking
Methodology
 Tax questionnaire
 Form 8850
Types
 Activity based
 Financial results
Screening options
 Paper
 Telephone
 Web
Compliance
 28-day filing deadline
 Supporting documents
Certifications
 Received
 Pending
 Denied
 Appealed
Candidate eligibility
 WOTC
 Other screening credits
Document Capture
 Employee specific
 Third-party validation
 Administered process
Government relations
 Federal level
 State level
 Agency visits
 Documentation requests
 Taxpayer advocacy
 Quality assurance
 Technology advances
Experience and expertise
 National coverage with local insight
 Simplified and integrated new hire process
 Independent document collection - 3rd party validation
 Focus on additional hiring credit opportunities
 Innovative training and education
 Dedicated account teams, including WOTC specialists
 Leverage existing data for location based incentives
Performance
 Screening compliance
 Forms compliance
 Eligibility percent
 Percent certified
 Average certification
Management
 Compliance
 Lost opportunities
 Tax report filings
Proven results
 Measurable return on investment
 Enable clients to focus on more critical tasks
 Immediate measurement and communication of metrics
 Transparency through online management reports
 Proactive and effective government relations team
 Focused on compliance to maximize credits
Location based incentives
Analyze
Customize
Calculate
Report
Employer data
 Locations
 Head count
 Industry
Incentive analysis
 Federal programs
 State programs
Financial impact
 Consultative review
 Confirm programs
 Calculation methods
Incentive delivery
 Quantify results
 Track incentives
 Monitor credits
 Exception reporting
 Annual reviews
Financial review
 Federal liabilities
 State liabilities
 Current credit capture
 Determine thresholds
 Open tax years
 Audits in process
 Mergers and acquisitions
Strategy and design
 Employer initiatives
 Planned employment
 Investment growth
 Projected liabilities
 Expansions
 Consolidations
 Relocation activity
 Research and recovery
1
Federal, state, and local governments offer geographic (location based)
tax credits and incentives. These credits and incentives are designed to
encourage job creation, investment, and economic development. Some
of these are statutory incentives, while others are negotiated based
on an organization’s unique objectives and needs. As companies seek
to decrease tax liability, increase profitability, plan capital purchases,
expand locations, and increase hiring, tax incentives should be reviewed
to support company initiatives.
Equifax uses a combination of experienced tax professionals and
proprietary processes to produce a customized Incentive Analysis
Implementation
 Ongoing data
 Timely filings
 Approvals secured
 Certification received
2
Tax support
 Legislative updates
 Audit defense
 Ongoing education
 Dedicated staff
3
(IA) for all your locations to identify all available tax incentive capture
opportunities among the thousands of programs that Equifax tracks.
Experience and expertise
 National coverage with local insight
 Detailed financial planning review – incentive analysis
 Team of CPA’s, JD’s, and tax specialists
 Unique geocoding technology
 Consultative approach on strategy, design, and execution
 Dedicated account teams, including location based incentive
tax specialists
Proven results
 Measurable return on investment
 Enable clients to focus on
more critical tasks
 Manage client priorities
to maximize credits
 Match available credits with
client approved opportunities
 Audit management and support
Report summary
Equifax offers online reporting
to provide our clients access
to the status of their program
performance 24/7. This system
provides you and your staff with
better and faster tools to track
and report screening performance
metrics, credit calculations,
and key performance indicators.
Research and recovery service
Employers are challenged with monitoring ongoing
changes to tax credit and incentive programs in states
where they have operations. Opportunities to secure
tax savings may have been overlooked in prior years
due to lack of information or resources. Substantial
refunds can be secured in a historical review. In
addition, audits in progress and open tax years may
offer additional recovery opportunities.
Proven results
 Federal and state programs
 Empowerment zones/renewal communities
 Enterprise zones
 Katrina and other disaster credits
 HIRE act
 Job creation and hiring
 Training and investment
For more information, go to
www.equifaxworkforce.com
How we do it:
Tax Credit and
Incentive Services
Work Opportunity Tax Credit
The Work Opportunity Tax Credit (WOTC) program reduces the
federal income tax liability of companies who employ individuals who
are considered to have barriers to employment. This program was
specifically enacted by the federal government to promote the hiring
of certain targeted demographic groups. In addition, many states
have adopted additional hiring credits that “piggyback” on the WOTC
program. These state credits offer similar planning strategies to reduce
state income tax liability.
WOTC strategic program performance management
 Existing partnerships – leverage data from other Equifax services
(Employment Verifications, Unemployment and I-9 Management)
 Key performance indicators (KPI) – Daily review and measurement
to increase ROI
 3rd party databases to secure documentation – increases certification
volume and results
 Online reporting – 24/7 real-time updates with data refreshed daily
 Dedicated service team –focused on program performance
 Training and education – maximizes location and program success
 Government relations – state outreach and legislative advocacy
Critical to achieving savings with WOTC is seamless integration in your
company’s hiring process. Equifax offers tax credit screening options to
meet your applicants where they are, including: paper form screening,
call-in screening, and online screening. In addition, Equifax integrates
or links to the most popular applicant tracking and employee lifecycle
management systems, including Taleo. In fact, Equifax is a certified
passport partner in the recruiting module of Taleo Enterprise versions
7.5 and 10.
Based on the current economic situation, employers continue to
examine strategies to reduce both federal and state income tax liability.
The WOTC program offers federal tax credits ranging from $2,400 to
$9,000 per eligible employee.
TCI Tax Management
1. Identification
2. Verification
3. Certification
4. Reporting
New hire process
 Onboarding
 Applicant tracking
Methodology
 Tax questionnaire
 Form 8850
Types
 Activity based
 Financial results
Screening options
 Paper
 Telephone
 Web
Compliance
 28-day filing deadline
 Supporting documents
Certifications
 Received
 Pending
 Denied
 Appealed
Candidate eligibility
 WOTC
 Other screening credits
Document Capture
 Employee specific
 Third-party validation
 Administered process
Government relations
 Federal level
 State level
 Agency visits
 Documentation requests
 Taxpayer advocacy
 Quality assurance
 Technology advances
Experience and expertise
 National coverage with local insight
 Simplified and integrated new hire process
 Independent document collection - 3rd party validation
 Focus on additional hiring credit opportunities
 Innovative training and education
 Dedicated account teams, including WOTC specialists
 Leverage existing data for location based incentives
Performance
 Screening compliance
 Forms compliance
 Eligibility percent
 Percent certified
 Average certification
Management
 Compliance
 Lost opportunities
 Tax report filings
Proven results
 Measurable return on investment
 Enable clients to focus on more critical tasks
 Immediate measurement and communication of metrics
 Transparency through online management reports
 Proactive and effective government relations team
 Focused on compliance to maximize credits
Location based incentives
Analyze
Customize
Calculate
Report
Employer data
 Locations
 Head count
 Industry
Incentive analysis
 Federal programs
 State programs
Financial impact
 Consultative review
 Confirm programs
 Calculation methods
Incentive delivery
 Quantify results
 Track incentives
 Monitor credits
 Exception reporting
 Annual reviews
Financial review
 Federal liabilities
 State liabilities
 Current credit capture
 Determine thresholds
 Open tax years
 Audits in process
 Mergers and acquisitions
Strategy and design
 Employer initiatives
 Planned employment
 Investment growth
 Projected liabilities
 Expansions
 Consolidations
 Relocation activity
 Research and recovery
1
Federal, state, and local governments offer geographic (location based)
tax credits and incentives. These credits and incentives are designed to
encourage job creation, investment, and economic development. Some
of these are statutory incentives, while others are negotiated based
on an organization’s unique objectives and needs. As companies seek
to decrease tax liability, increase profitability, plan capital purchases,
expand locations, and increase hiring, tax incentives should be reviewed
to support company initiatives.
Equifax uses a combination of experienced tax professionals and
proprietary processes to produce a customized Incentive Analysis
Implementation
 Ongoing data
 Timely filings
 Approvals secured
 Certification received
2
Tax support
 Legislative updates
 Audit defense
 Ongoing education
 Dedicated staff
3
(IA) for all your locations to identify all available tax incentive capture
opportunities among the thousands of programs that Equifax tracks.
Experience and expertise
 National coverage with local insight
 Detailed financial planning review – incentive analysis
 Team of CPA’s, JD’s, and tax specialists
 Unique geocoding technology
 Consultative approach on strategy, design, and execution
 Dedicated account teams, including location based incentive
tax specialists
Proven results
 Measurable return on investment
 Enable clients to focus on
more critical tasks
 Manage client priorities
to maximize credits
 Match available credits with
client approved opportunities
 Audit management and support
Report summary
Equifax offers online reporting
to provide our clients access
to the status of their program
performance 24/7. This system
provides you and your staff with
better and faster tools to track
and report screening performance
metrics, credit calculations,
and key performance indicators.
Research and recovery service
Employers are challenged with monitoring ongoing
changes to tax credit and incentive programs in states
where they have operations. Opportunities to secure
tax savings may have been overlooked in prior years
due to lack of information or resources. Substantial
refunds can be secured in a historical review. In
addition, audits in progress and open tax years may
offer additional recovery opportunities.
Proven results
 Federal and state programs
 Empowerment zones/renewal communities
 Enterprise zones
 Katrina and other disaster credits
 HIRE act
 Job creation and hiring
 Training and investment
For more information, go to
www.equifaxworkforce.com
WORKFORCE SOLUTIONS
Enterprise zone programs
Tax Credits and Incentives
Each year, employers are eligible to claim billions of
dollars in available federal, state, and local tax credits and
incentives. However, while these programs can effectively
add material value to your company’s bottom line, they
can be complex and time consuming to understand and
effectively implement. Further, many credits carry forward
so that even if they cannot be used in the current tax year,
you may be able to use them in the future. By partnering
with Equifax, you can maximize tax credit and
incentive opportunities.
> Employment Verification
Offer your employees automated employment
and income verifications.
> Unemployment Cost Management
Reduce unemployment costs through claims
processing, hearing representation, and
reemployment strategies.
Job creation incentives
“Reduce Tax Liability and Risk”
Economic
Development
Incentives
Location
Based
Incentives
> I-9 Management
Maintain compliance with immigration and
E-Verify® regulations by completing and storing
federal I-9s electronically.
> Workforce Analytics
Integrate workforce and other relevant data for
user-obvious reporting, analytics, and benchmarking.
Tax Credits
and Incentives
Work
Opportunity
Tax Credit
More Equifax Workforce Solutions
that save time and money
Research
and
Recovery
> Onboarding
Collect and manage information for new hire forms
online to increase compliance and eliminate costs.
Investment incentives
While federal tax credit programs like the Work Opportunity
Tax Credit (WOTC) program are well known, there are
numerous state and local programs that many organizations
are not aware of, and therefore do not pursue. Here are some
of those programs and the states that offer them (in red):
Tax Credits and Incentives
> Tax Credits and Incentives
Capture all the federal, state, and local tax credits
and incentives you’re eligible for.
We know where to look.
> Paperless Pay
Offer electronic paystubs and paycards and
better manage direct deposits, W-4s, and other
employee information.
Research and development incentives
We combine technology and expertise to identify and capture all the federal,
state, and local tax credits available to your organization.
> W-2 Management
Deliver an electronic W-2 option to your employees,
including optional paper distribution, reissues,
corrections, and tax software upload capability.
> Employment Tax Services
Receive comprehensive tax consultation to ensure you
are in compliance and identify refund opportunities.
> Assessments
Leverage best-in-class assessments and technology
to help you identify, hire, and develop the right people.
> Garnishments
Diminish the paperwork and liability of employee
garnishment processing.
Contact Us Today
For more information, please contact:
[email protected]
800-888-8277
www.equifaxworkforce.com
EFX-WS-4005-09/04/2012
Equifax and EFX are registered trademarks of Equifax, Inc.
Inform>Enrich>Empower is a trademark of Equifax, Inc. E-Verify®
is a registered trademark of the Department of Homeland Security.
© 2012 Equifax Workforce Solutions, a/k/a TALX Corporation,
a wholly owned subsidiary of Equifax Inc., Atlanta, Georgia.
All rights reserved.