Walton, a trusted provider of tax credits and incentives for over four decades, is pleased to announce the first Employee Retention Credit (ERC) integration with long-time strategic partner, Ultimate Kronos Group (UKG).
This unique integration automates Walton’s secure access to crucial employee data used to calculate and report ERC for qualifying businesses. As a result, companies that use UKG for payroll can now minimize the time it takes to calculate and claim ERC by eliminating custom data file transmissions.
“Walton has completed thousands of ERC projects, helping businesses secure millions in refunds from the government,” said Brian DeVido, VP of Business Development for Walton. “We are thrilled to be the first UKG partner to develop an integration that automates the data used for ERC, making it easier for UKG clients.”
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About COVID ERC
The Employee Retention Credit, under the CARES Act is a refundable credit available for 2020 and 2021 to companies that suffered either a significant gross receipts decline or had a suspension of operations due to government mandate. Qualifying businesses can earn up to $26,000 per eligible employee.
For over forty years, Walton has been a trusted provider of point-of-hire tax credits and incentives. Today, Walton leverages the most advanced technology platform proven to automate and integrate tax credits as well as employment verification and unemployment insurance claims, powered by a single data source. Our integrated solutions feature a best-in-class partner ecosystem, proven to deliver optimal savings for companies across all industries, with ease. For more information, visit www.waltonmgt.com.