The average business misses $47k in tax credits annually. Discover what you may qualify for — across 6 federal and state credit types — in under 2 minutes.
The credits exist. The problem is that most are triggered by details employers do not always track cleanly: who they hired, where employees live and work, whether coverage was purchased through SHOP, which wages were used for another credit, and whether tips were reported correctly.
This calculator gives you a directional estimate across hiring, health benefits, R&D, geography, state programs, and tipped-employee credits. It is designed to show where a deeper CPA or payroll review may be worth the time.
WOTC can be worth up to $9,600 per qualifying hire, but the pre-screening paperwork generally has to be submitted within 28 days of the employee's start date.
The Small Business Health Care Tax Credit can cover up to 50% of employer-paid premiums for very small employers that meet FTE, wage, contribution, and SHOP requirements.
Restaurants and food-service employers may recover employer FICA paid on eligible tips. Empowerment Zone employers may receive up to $3,000 per qualifying employee per year.
Check all that apply to your business or recent hires. Each one may unlock additional credits.
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