DerCam Capital Advisors
The only consulting firm that puts money into your pocket instead of taking it out!

Federal & State Tax Credits

Most businesses are not capturing the 3,000+ Federal and State tax credits and incentives they may qualify for nationwide.  We can assist you in determining if you qualify and then garner those lucrative incentives for you.  And for one of the benefits called WOTC (Worker Opportunity Tax Credit), we can provide a portal that automates the process of garning up to $9600 in credits for each new hire, which significantly cuts down on wasted time and efficiency for you HR staff.

Work Opportunity Tax Credit (WOTC)

The Work Opportunity Tax Credit creates a hiring incentive on the federal level by offering a tax credit valued up to $9,600 per eligible new hire, cutting your payroll costs significantly. This credit is available to companies that hire individuals from qualified groups. We have an automated system provides verification of qualification status of new and prospective employees that will automatically fill and file all necessary documentation to ensure you receive all credits available to you.  $0 out-of-pocket cost to you and simple registration process to get up and running.  

Employee FICA Tip Credits

Per IRS regulations, companies in the food and beverage industry may qualify for credits based on Medicare and social security taxes on tips their employees receive. In order to qualify, an employer must:
  • Hire employees who may receive tips for serving or delivering beverages or food, particularly in an industry where tipping is standard
  • Have paid employment taxes on said tips.

The credit amount equals the amount paid in Medicare and social security taxes on those tips. However, tip amounts do not qualify if they are used to meet minimum wage requirements.

State Tax Credits

There are more than 3,000 types of tax credits and incentives employers may qualify for nationwide. We are able to assist our clients in determining if they qualify for these lucrative incentives.

Business Tax Incentive Zones are created by local, state, and federal government institutions, and are offered to local businesses to encourage them to expand or develop in specific regions of the United States. Thousands of these zones are managed and funded throughout the country, which can create an often time-consuming and overwhelming application process. Let us save you time and money with our expert compliance team, dedicated to maximizing your potential tax credits.

We will uncover many different types of eligible tax incentive zones, such as Manufacturing Enhancement Areas (MEA Zones), Enterprise Communities (EZEC), Targeted Tax Areas (TTA), Federal Empowerment Zones, Federal Zones (EZ) and Communities (EC), and will determine which incentive is right for you.

Research & Development Credits

The Research & Development Tax Credit (R&D) provides tax incentives to qualifying companies to help expend the cost of investments and research efforts aimed at developing new and improved processes or products. This credit is open to all companies, not solely those in the technical field.

As of December 2003, IRS Regulations are retroactive, which has made qualification easier. State R&D credits may also be available.