The Panel at Rockerbox discuss ERTC and WOTC tax credits at the HABU Conference 2022
Is your business missing out on thousands of dollars for every new hire?
The Work Opportunity Tax Credit (WOTC) is one of the most effective ways for small business owners to improve cash flow, yet many employers only capture a fraction of what they are owed. At Rockerbox, our mission is to simplify the WOTC process and ensure every eligible hire is identified and certified.
Why Rockerbox for WOTC?
Most large tax firms use basic screening methods that miss eligible candidates. Rockerbox takes a specialized approach, typically finding 3 to 5 times more tax credits than the national average.
Real-World Impact: We work with a large staffing firm hiring roughly 25,000 people annually. By optimizing their WOTC screening, we capture approximately $3.2 million in tax credits per year, improving their overall cash flow by 35% to 40%.
Is Your Business a Good Fit for WOTC?
WOTC is available to virtually every employer in the United States, including non-profits. However, it is a “gold mine” for industries with high volume and consistent hiring needs.
Ideal Industries for WOTC:
- Staffing Firms: High-volume hiring means high-volume credits.
- Restaurants & Hospitality: High turnover leads to constant credit opportunities.
- Trucking & Transportation: Essential for blue-collar workforces.
- Light Industrial & Manufacturing: High eligibility rates among new hires.
If your business has an employee turnover rate of 30% to 40% or higher, you are likely sitting on a significant tax windfall.
