A business launched mid-pandemic nets big tax savings
Our job is to eliminate HR surprises for your company.
When a startup company with approximately 30 team members launched in 2020 during the middle of the COVID pandemic, Adams Keegan was there to provide value and steer them through a key growing pain – taxes and associated tax credits.
Before Adams Keegan
The company was unaware of the Recovery Startup Business tax credit from the American Rescue Plan Act until Adams Keegan directed their attention to it well before they were even a client.
When the company approached their big box payroll provider to ask for help on filing for the credit, there was no one who would respond or help them through the process.
Needing a customer service partner that was better aligned with their needs, the company immediately switched to Adams Keegan. Our advisory team seamlessly performed the Startup Tax credit using their third and fourth quarter data and helped them through the filing process.
The Adams Keegan Difference
Through a turnkey process handled by Adams Keegan Advisory services, the company was able to capture the maximum allowed credit of $100,000.
Additionally, thanks to partnering with Adams Keegan, the startup was able to take advantage of Adams Keegan’s voluntary benefits suite at no charge to them. This greatly enhanced their benefit offerings, allowed them to attract higher quality employees and provide benefits at the same level as a Fortune 1000 company.
Most importantly, with Adams Keegan, the company now has a true partner focused on customer service for both the employer and the employee. Adams Keegan prides itself on looking out for their best interests and helping them maximize value across the employee administration spectrum.