Tax Credit Services

Tax credits can result in significant savings for your company, if you know where to find them. Paychex Premier® Human Resources includes Tax Credit Services that make it simple to identify the credits you deserve — starting with a free analysis.

If we discover that you pre-qualify for applicable state or federal credits, Tax Credit Services can help you obtain them. Best of all, you won't be charged any service fees unless you earn a credit.

Automate the Process

Paychex Premier integrates Tax Credit Services and Paychex payroll to automate your tax credit analysis.

Involve Your CPA or Accounting Professional

We can also share our findings with your CPA or accounting professional to ensure proper documentation is included when filing for tax credits.

What We Offer

Location-based Tax Credit Service

Location-based credits were created to encourage economic development in certain areas of the U.S. If you qualify, we can provide you with the following services necessary to obtain them:

  • A well documented and legally compliant audit trail for credits claimed.
  • Affidavits for each qualified employee's signature (in appropriate states) to provide primary evidence of residence.
  • Records for address changes, hours worked, and wages and credits earned for each qualified employee.
  • Reports of tax credits earned on a monthly, quarterly, and year-end basis.
  • Documentation for retroactive or carry-forward credits to reduce future tax bills.
  • Ongoing monitoring of changes to applicable legislation and regulations.

Job Creation Tax Credit Service

Job creation credits are a federal initiative that encourages the hiring of groups with certain characteristics, including high risk youth, food stamp recipients, and disabled veterans. Our service helps your company obtain these credits with services that include:

  • Guidance in preparing pre-screening certifications, including federal Form 8850.
  • Monitoring of pertinent job applicant information to verify eligibility.
  • Post-hiring documentation of hours worked and wages paid to determine the amount of the applicable credit.
  • A well documented and legally compliant audit trail for credits claimed.
  • Reports of tax credits earned on a monthly, quarterly, and year-end basis.
  • Ongoing monitoring of changes to applicable legislation and regulations.

For more information about our products and services, please contact a Paychex representative at 800-322-7292, Monday through Friday from 8:00 a.m. to 8:00 p.m. ET. Or, complete our online form for a no-obligation quote.

Printable Version

As much as $10 billion in hiring-related tax credits goes unclaimed each year.

Get Started

For more information about our products and services, contact a Paychex representative:

800-322-7292
Monday - Friday
8:00 a.m. - 8:00 p.m. ET

Online Form
 

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