Paymaster

PayMaster is an essential tool for ensuring that our clients receive all the tax credits they are entitled to. Our software keeps up-to-date with current regulations and laws, making sure that you are in compliance and receiving the maximum benefits. Our services focus on three main areas: 1. Workforce Opportunity Tax Credit: Our Tax Credit Service guides you through the process of obtaining these credits. We help you prepare pre-screening certifications, monitor job applicant information to determine eligibility, and provide documentation of hours worked and wages paid after hiring to calculate the applicable credit. 2. Affordable Care Act: If you offer health insurance to your employees and cover more than 50% of the cost, you may qualify for the Small Business Health Care Tax Credit. This credit can be up to 35% of the employer-paid health insurance premiums and is set to increase to 50% in 2014. Non-profit organizations can also receive a credit of up to 25%, increasing to 35% in 2014. The maximum credit is available if your average annual wages are less than $25,000 and you have 10 or fewer employees. If your average annual wages are between $25,000 and $50,000 and you have between 10 and 25 full-time equivalent