Case Study

FOOD FRANCHISE USES PAYCOM TAX CREDIT SERVICES TO ADD $447,000 TO THE BOTTOM LINE

FOOD FRANCHISE USES PAYCOM TAX CREDIT SERVICES TO ADD $447,000 TO THE BOTTOM LINE

Pages 6 Pages

CASE STUDY 1 ADD $447,000 TO THE BOTTOM LINE FOOD FRANCHISE USES PAYCOM TAX CREDIT SERVICES TO CASE STUDY 2 0-0 7 4 4 2 0-0 7 4 4CASE STUDY 2 In the competitive fast-food industry, flipping a profit can be as challenging as grilling the perfect hamburger: rare, but given the right ingredients, well-done. A growing fast-food franchisee faced the challenge of cashing in on available federal tax credits, tax savings for eligible new hires. With separate payroll and tax credit providers, executive management knew it was a no-brainer to seek a cohesive solution. With over 750 employees across 35 locations in three states, and hiring an average of 90 employees per month, the chief financial officer recognized his hourly employee base had a high probability of meeting the criteria for

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