Maximizing Georgia’s Job and Training Tax Credits: A Guide for CPAs
Your clients can earn up to $5,000 annually with Georgia Hiring and Training Credits!
The State of Georgia has created tax credits to encourage job creation and workforce development, offering substantial financial incentives to businesses. The Job Tax Credit provides up to $4,000 per job annually for five years, while the Quality Jobs Tax Credit can be worth up to $5,000 per job annually, depending on wages paid. Both credits can be applied to a company’s corporate income tax liability and, in some cases, used to reduce payroll withholding obligations based on the business's location.
While claiming these credits can be time-consuming and complex, they offer significant financial benefits to your clients. Additionally, the Retraining Tax Credit allows businesses to recover 50% of training costs, up to $1,250 per employee annually, helping companies offset expenses associated with upskilling their workforce.
Lastly, if companies apply for the Federal Work Opportunity Tax Credit, these amounts could increase by up to $9,600!
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In this white paper, we’ll outline how we’ve helped CPAs like you maximize these credits for their clients, ensuring they receive the full financial advantages available under Georgia’s tax laws.
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