Labor Cost Control

Labor Cost Control's Work Opportunity Tax Credit Service saves you 40% of the 1st $6, 000 in wages on each eligible employee, or a bottom line tax credit of $2, 400. That represents a minimum labor cost savings of $1. 50 per hour, and for most employers an greater savings. For business owners, it is a direct tax credit to your tax return. For Sub-chapterS Corps, it passes right through to personal owners returns. For publicly held firms, it greatly enhances the stock multiple, and assists attract investors by increasing after-tax profits.