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We work with you to identify the opportunities available and prepare all documentation requirements needed for you to confidently claim the tax credits available to your organization.

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Verity Services

Welcome to Verity Tax Credits, where we specialize in helping your organization identify and secure valuable tax credits and incentives. 

Our expert team prepares audit-ready final reports, including everything needed to both claim and sustain each benefit. Let us help you maximize your tax savings and increase your bottom line. 

 

Two men working on a blueprint of a project.  ERTC for construction.

  State Incentives

 

State Tax Credits and Incentives in the South East

Georgia Credits & Incentives

Companies of all sizes and industries are benefiting from lucrative credits and incentives in Georgia. Depending on location and the number of jobs created, several credits can be used to offset income taxes and/or withholding tax payments.

Tennessee Credits & Incentives

There are a variety of incentive packages to new and expanding business in Tennessee. The flagship program is the Tennessee Job Tax Credit which allows qualified businesses a credit against franchise and excise taxes based on capital investment and jobs created.

South Carolina Credits & Incentives

With a number of different performance-based tax incentives available, businesses are benefiting by creating jobs, expanding operations, and investing in South Carolina. The tax credits can be used to offset income tax , premiums tax,  and in some cases withholding tax payments.

Mississippi Credits & Incentives

The state offers a number of income tax incentives for companies creating jobs and making corporate investments. Top programs include the Mississippi Jobs Tax Credit, the Manufacturing Investment Tax Credit, and the Rural Economic Development Income Tax Credit.

Other States

While many of the top state incentives are in the southeast, other states can have significant tax savings opportunities. Verity will work with you to identify activities, in all 50 states, that could potentially qualify for tax credits and incentives. 

Employee Retention Tax Credit (ERTC)

What is the Employee Retention Credit?

The CARES Act of 2020 created the Employee Retention Credit (ERC) at the same time it enacted the Paycheck Protection Program. This lesser-known incentive has proven to be a significant opportunity for businesses of all sizes. The ERC allows businesses to recover costs associated with keeping employees on payroll during hardships related to COVID-19.

Two ways your business or organization can

qualify for the Employee Retention Tax Credit

 

1. Significant Decline in Gross Receipts

If an employer’s gross receipts for a 2020 calendar quarter were below 50% of the comparable quarter in 2019, or for a 2021 calendar quarter were below 20% of the comparable quarter in 2019.

2. Full or Partial Suspension by Government Order

The employer’s business has been fully or partially 

suspended by government order due to COVID-19 during the 2020/2021 quarters.

Some of the qualifying criteria for getting the credit include:

  • Capacity Restrictions
  • Supply Chain Disturbances
  • Travel Restrictions
  • Group Gathering Limitations
  • Customer or Job-site Shutdowns
  • Vendor Restrictions
  • Social Distancing Requirements
Empty Church pews under government regulations that qualify organizations for ERC.

Please fill out our simple, one-minute form to see if you qualify for the ERC.

RECOVER WAGES

The ERC allows qualified employers to recover wages and health plan expenses incurred during COVID-19.

Possible Claim Amount

Employers are eligible to claim up to $26,000 per employee

2020

For 2020 periods, businesses can recover 50% of qualified wages, up to $5,000 per employee

2021

For 2021 periods, businesses can recover 70% of qualified wages, up to $7,000 per employee, per quarter

Will your business be ready for ERTC audits?

 

Because of the aggressive and inaccurate claims made by “ERC Mills”, the IRS has issued numerous warnings to taxpayers to make certain that all credit claims can be fully supported. The IRS will demand detailed source documentation to ensure compliance with the many nuanced rules associated with Employee Retention Credit claims. 

With so much on the line, it can be overwhelming to tackle these studies alone. Verity tax credit experts are here to help your organization navigate the complexities of the ERC claims and provide you with audit-ready reports so that you can confidently move forward.

What Verity Delivers

Memos –Each report builds a solid qualification case and addresses statutory requirements like qualification methodologies, tax aggregation and attribution, interaction with other incentives, and qualified wages.

Qualifications Summaries -Supportable overviews that show exactly how your organization qualifies for the credit.

Qualified Wage Details – Quarterly breakdown of wage information by employee.

PPP Details (If Applicable) -Detail showing employee wages that were paid using PPP funds.

Government Orders – Location-specific orders and restrictions that negatively impacted operations during COVID-19.

Forms – Accurate and supportable numbers which allow an organization to confidently claim the tax credits that they are eligible for.

What Other Companies Deliver

Memos –Each report builds a solid qualification case and addresses statutory requirements like qualification methodologies, tax aggregation and attribution, interaction with other incentives, and qualified wages.

Qualifications Summaries -Supportable overviews that show exactly how your organization qualifies for the credit.

Qualified Wage Details – Quarterly breakdown of wage information by employee.

PPP Details (If Applicable) -Detail showing employee wages that were paid using PPP funds.

Government Orders – Location-specific orders and restrictions that negatively impacted operations during COVID-19.

Forms – Accurate and supportable numbers which allow an organization to confidently claim the tax credits that they are eligible for.

Gourmet Advisory Services

I have and will continue to give Verity every referral I can. Jeremiah is such a pleasant, polished professional. The results were better than we imagined. Verity is the team to go with every time.

Lori Bluberg

Westminster Presbyterian Church

“Working with the Verity team was efficient.  They were clear on what they needed and how the data needed to be configured so they could work with it.  All on the team were extremely pleasant and professional. Our positive results speaks for itself!”

Terry Monahan, Business Administrator

Pennsylvania Mineral Services

“I was very happy with the work of VERITY. They were very efficient in getting our company tax credits that were higher than my expectations. I would recommend them to anyone.” 

Jack Pisarcik, Owner

Businesses

Verity works with companies of all sizes and industries to claim the credits and incentives that they have been missing

CPA Firms

Whether working directly with your clients, or white-labeling, Verity has a solution to fit your needs

 

Payroll Companies

Add tax credit compliance services to your product offering as a value-add to your clients

 

Schedule a 20 minute call to discuss your tax credit situation

Contact

Verity Tax Credits, LLC
44 Milton Ave.
Alpharetta, GA 30009
(678) 587-8670

About Us

Verity Tax Credits, LLC was founded by Jeremiah Becker with a mission to deliver high-quality, accurate tax credit services, focusing on accounting integrity and client satisfaction.

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