Historically, Congress has authorized billions in incentives to stimulate hiring and encourage economic development in cities and rural areas throughout the country. Many government economic development incentives go unclaimed because businesses are simply unaware of them or they do not have the time or the tools to take advantage of the programs.
Programs vary state by state and even by county. Not only does the service capture the HIRE Act and Work Opportunity Tax Credit (WOTC) federal programs, but the dynamic questionnaire also screens for more than 100 state and local hiring-related incentive programs as a seamless part of the candidate screening process. Clients reduce 90% of the paperwork by printing tax credit forms for eligible hires only. Receiving credits is simplified as all of the required paperwork is prepared by IA.
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This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on the current expectations or beliefs of Workstream’s management and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: inability to grow our client base and revenue because of the number of competitors and the variety of sources of competition we face; client attrition; inability to identify or complete the acquisition of quality target businesses; inability to integrate acquired businesses; inability to offer services that are superior and cost effective when compared to the services being offered by our competitors; inability to further identify, develop and achieve success for new products, services and technologies; increased competition and its effect on pricing, spending, third-party relationships and revenues; as well as the inability to enter into successful strategic relationships and other risks detailed from time to time in filings with the Securities and Exchange Commission, including but not limited to those set forth under "Risk Factors" in Workstream’s annual report on Form 10-K. The forward-looking statements herein reflect the company’s expectations as at the date of this press release and are subject to change after this date.
SOURCE Workstream, Inc.