ADP Introduces Enhancements That Help Companies Capture Work Opportunity Tax Credits More Quickly And Easily
-- SECURE Document Submission and Voice Signature allow employers to streamline screening and document submission, and enhance security
-- New capabilities help simplify WOTC administration, enabling companies to meet IRS deadlines more readily in their efforts to capture credits
ROSELAND, N.J., May 14, 2013 /PRNewswire/ -- ADP®, a leading provider of human capital management services, today announced the addition of two new capabilities to ADP Tax Credits, including SECURE Document Submission and Voice Signature. These new capabilities provide employers more choices in their efforts to improve the security, efficiency and ease of screening, verification and document submission required for the federal Work Opportunity Tax Credit (WOTC), accelerating the process to capture credits.
SECURE Document Submission and Voice Signature are the latest additions to an already comprehensive suite of ADP WOTC screening and delivery solutions that offer superior flexibility, including Web-in (with electronic signature), Call-in and IVR (with voice signature, fax and email form delivery) and Mail-in programs. These services help enable companies to take full advantage of available tax credits and incentives to help reduce a company's overall tax liability.
ADP's new SECURE Document Submission and Voice Signature solutions offer additional methods to help companies of all sizes improve the efficiency of their WOTC administration:
- SECURE Document Submission allows companies to upload WOTC required forms to ADP's dedicated secure online portal to significantly help enhance the security of their WOTC documentation process. Whereas previously employers provided forms and documentation via mail, fax or email, companies can now upload those forms and supporting documentation directly to ADP's secure, dedicated tax credit online portal.
- Voice Signature allows employees to "sign" forms over the phone, streamlining the WOTC call-in screening and verification process by reducing the need to capture physical signatures on forms and mail, fax or email documents. This new capability provides additional flexibility for the employer and employee, allowing form completion in a single phone call. Voice Signature adds to the current signature options, which include internet-based electronic signature, "wet signature" with fax/email forms delivery or hard copy mailing.
"The WOTC employee administration process can be complicated and labor intensive, particularly when done manually or using traditional methods. The level of detail and documentation required can make it difficult for companies to submit the necessary documents within the 28-day window required by the IRS," Jim Brown, Senior Division Vice President and General Manager, ADP Tax Credits. "By streamlining the entire process, these new capabilities make it easy for companies to efficiently capture and realize the WOTC credits they're eligible for – all while helping to maintain compliance with new and changing regulations."
ADP Tax Credits is one component of the recently released ADP SmartComplianceSM platform. A cloud-based unified platform of outsourced services, ADP SmartCompliance helps medium and large businesses better manage employment-related tax and payment compliance. The platform helps companies save time and money by bringing together and streamlining compliance management for employment tax, tax credits, wage payments, wage garnishments, employment verification, unemployment claims and W2 management.
For more information about ADP Tax Credits, visit www.adp.com/taxcredits.
About ADP®
ADP® (NASDAQ: ADP), with more than $10 billion in revenues and approximately 600,000 clients, is one of the world's largest providers of business outsourcing and human capital management solutions. Leveraging over 60 years of experience and a global footprint spanning more than 40 countries, ADP offers a wide range of human resource, payroll, talent management, tax and benefits administration solutions from a single source, and helps clients comply with regulatory and legislative changes, such as the Affordable Care Act (ACA). ADP's easy-to-use solutions for employers provide superior value to companies of all types and sizes. ADP is also a leading provider of integrated computing solutions to auto, truck, motorcycle, marine, recreational vehicle, and heavy equipment dealers throughout the world. For more information about ADP SmartComplianceSM or to contact a local ADP sales office, reach us at 1.855.237.4236 or visit the company's Web site at www.adp.com/SmartCompliance.
For more information, contact:
ADP Public Relations
(973) 974-7612
[email protected]
Jessi Newman, Weber Shandwick for ADP
(952) 346-6026
[email protected]
SOURCE Automatic Data Processing, Inc.
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