The Oasis Tax Advantage

Are you giving your business the tax credit it deserves? If you aren’t taking advantage of the increasing availability of Business Tax Credits, you may not be, but Oasis Outsourcing can help with The Oasis Tax Advantage Program.

Types of Tax Credits

Created exclusively for Oasis Outsourcing clients, The Oasis Tax Advantage Program can efficiently discover and process federal and state tax credits that may be available to your business. Examples of these credits include:

  • The Work Opportunity Tax Credit (WOTC) – This is a program intended to encourage employers to hire members of certain targeted groups, such as welfare or food stamp recipients, residents of certain designated communities and other groups experiencing employment problems. There are many different credits that can generally reduce your state and federal liability and may be carried forward as much as 20 years.
  • The Empowerment Zone Tax Credit – This is a tax credit equal to 20% of the first $15,000 in wages in any year if the employee lives and provides services in an Empowerment Zone. All industries are able to participate in this program. Empowerment Zones and Enterprise Communities also offer many other increased deductions, depreciations and capital gains incentives.
  • The Renewal Community Tax Credit – This is a tax credit equal to 15% of the first $10,000 in wages in any year if the employee lives and provides services in a Renewal Community. All industries are able to participate in this program. The Department of Housing and Urban Development designated 40 Urban and Rural Renewal Communities effective January 1, 2002. Renewal Communities also offer many other increased deductions, depreciations and capital gains incentives.

Why You Should Partner with Oasis

You already know the value your Oasis partnership brings to your business. The Oasis Tax Advantage simply takes that one step further. By finding tax credits for your business that you may not even know exist, you could save thousands of dollars in tax payments. Here are just a few reasons to partner with Oasis Outsourcing to find your company’s potential tax credits:

  • Our Employee Electronic Onboarding Program offers fast, accurate data submission and quality control of employee information far more efficiently than paper processes. Timely submission of data helps ensure that you receive the maximum tax credit that you are eligible for.
  • Oasis has the IT infrastructure required to provide accurate employee information for the analysis used in generating these potential tax credits for your business.
  • Our SAS-70 Type II certification enables you to rest assured that your data is secure throughout the process.

How To Get Started

To find tax credits for your company, call 866.358.5509. With no obligation, we will help you understand what tax credits may be available to you. Once the comprehensive analysis of your employee data is completed, you only pay a small portion of your tax savings. You have nothing to lose and everything to gain.