Rancho Cordova, CA, Feb 08, 2010 -- Corporate Tax Incentives, a leading business incentives consulting firm, recently acquired the assets of Watchdog Software Inc.® Watchdog Software is the creator of Unemployment Cost Control Software©. This unique software enables employers to monitor their unemployment compensation claims, dispute claims using preformatted state forms and audit state charges filed against them without the need to outsource to a third-party unemployment cost-control vendor. In addition, the software provides the flexibility to allow unemployment cost-control vendors (law firms, consultants, etc.) the ability to efficiently deliver their services in this area.Lisa Hyde, Watchdog Software’s founder, will continue to work with Corporate Tax Incentives to further develop the product’s functionality. Hyde will assist the company with continuing its growth while making substantial improvements to the existing desktop solution. In addition to the desktop version, Corporate Tax Incentives is in the process of developing a Web-based version that complements the goal of Watchdog, to reduce the burden of employment exposure to employers. Unemployment costs are at a 25-year high and increasingly resulting in hundreds of thousands of dollars in additional costs to employers. "These costs will continue to rise unless properly managed with such a cost-control software program coupled with other solutions," says Hyde.
The acquisition of Watchdog Software allows Corporate Tax Incentives to continue its nationwide presence and to further its ongoing efforts to add complementary services. Watchdog Software enables Corporate Tax Incentives to expand its ability to help businesses maximize their total cost savings, allowing them to increase profitability. "Watchdog’s services fit nicely into our current business incentives focus, using much of the same data that is already captured during cumulative tax-saving efforts." says Principal Darren Labrie, CPA. Labrie also adds, "In addition, it relates to our overall concept of identifying operational savings to offset one of the largest statutory expenses an organization incurs, the cost of employment."
Corporate Tax Incentives focuses on securing federal, state and local business incentives. Such benefits come in the form of income tax credits, deductions, cash grants, training assistance/grants and low-interest financing. The firm provides for a non-intrusive service delivery process and focuses on the following areas:
* Business investment and expansion
* Filling new or existing employee positions
* Training (new or existing) employees
* Equipment purchases
* Research and development
* Business acquisitions
"The tax benefits that your business can take advantage of can be substantial, as these incentives are often tax credits that reduce your tax liability dollar for dollar," explains Labrie.
Press Contact:
Darren Labrie
Corporate Tax Incentives
Rancho Cordova, CA 95670
(916) 366-0144
contact@ctillc.com
http://www.ctillc.com