Tax Incentives for Restaurants & Food Franchises
Hiring Solutions Served to You
WOTC can deliver tax savings and uncover new talent pools. Let CTI help you take full advantage of the program and realize its benefits.
How CTI achieves better results
- One screening touchpoint to capture the WOTC and 17 other federal and state credits
- Proactive engagement from a dedicated project manager
- Blended screening methods for increased response rates
- Rigorous validation of screening data against payroll data
- Prompt certificate approvals through state applications monitoring
- Real-time 24x7 access to monitor credit benefit levels
- Regular reporting of screening and benefit progress
- Increased value with federal Empowerment Zone credits
How much businesses can save
Regional Restaurant Chain
2,410
Annual Hires
$347,040
Annual WOTC Benefit
$144/hire
Average WOTC Credit
Fast Food Franchise
4,953
Annual Hires
$708,279
Annual WOTC Benefit
$143/hire
Average WOTC Credit
National Restaurant Chain
12,456
Annual Hires
$1,756,296
Annual WOTC Benefit
$141/hire
Average WOTC Credit
How CTI makes tax incentives easy
The Challenge
High Turnover & No Training Budget
An upscale restaurant chain was plagued by high turnover, staff shortages, and a sparse budget to pay for training. Overtime, doubling-up duties, and frequent employees-in-training were stressing workers and impacting their ability to provide good service. In response, business declined.
Our Solution
Better Services & Labor Pool Alternatives
CTI’s expert team showed how we can provide superior service and value over their current WOTC provider. We helped the restaurant discover a labor pool they had previously overlooked and increased their tax credit captures to fund training and a higher, more competitive pay rate.
Soar to New Heights with Tax Incentives
Let CTI capture funding for you by maximizing tax incentives for your business through expert know-how and personalized service.
Types of incentives
Employment Incentives
In recognition of the jobs and training that employers like you provide, governments offer employment incentives to help you offset payroll taxes, pay for employee training, and tap into new talent pools.
R&D Incentives
Research and development incentives reward businesses of all industries and sizes for technical approaches to problem-solving, thus promoting innovation and improvement for companies and the economy.
Cost Segregation
Increase cash flow with cost segregation’s accelerated depreciation for real estate assets. If you've acquired, remodeled, expanded, or constructed real estate, you can likely benefit from a cost segregation study.
Discretionary Incentives
Take advantage of your business location with discretionary incentives that go beyond standard incentive opportunities. Know where to look and how to negotiate in order to reap your full financial potential.
We have been pleasantly surprised at the substantial dollar-for-dollar credits that CTI has captured. There is no effort on our part, we just reap the benefits. It is so easy and simple a process with CTI. It’s a no-brainer...
Robert Seawright, President & CEO
Read case study
Soar to New Heights with Tax Incentives
Reach out to a tax consultant to learn how CTI powers your business for success.
