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Equifax Workforce Solutions Enhances WOTC Eligibility Screening With ESignature

ST. LOUIS, Nov. 1, 2012 /PRNewswire/ --   Equifax Workforce Solutions (formerly TALX), a leader in human resource services, announced today details of its enhanced Work Opportunity Tax Credit (WOTC) services, which now offer a fully compliant eSignature solution. This service further enables clients to securely and effectively screen and claim WOTC with a paperless process that eliminates any barriers employers face with late or missing IRS Form 8850s.

Equifax Workforce Solutions is a leader in providing secure and compliant eSignature solutions for a wide range of HR, payroll and tax data products and services. The company's Tax Credit & Incentive services is now offering WOTC eSignature solutions to bridge the technology challenges of employers by accepting eSignature by either a call-in process or via the web.

"Each year, employers miss out on billions of dollars in tax credit opportunities due to complex, often-changing and time-consuming screening and claims requirements," commented Dann Adams, president of Equifax Workforce Solutions. "Equifax alleviates these challenges with our eSignature technology, team of dedicated professionals and extensive data expertise. We're committed to developing solutions that help our clients gain insight, recognize the opportunities available to them and meet compliance with all IRS, state workforce agency and Department of Labor rules and regulations. eSignature is part of a simplified and effective onboarding and tax credit and incentive strategy."

Recently approved by the Department of Labor, the acceptance of eSignatures, whether online or over the phone, greatly enhances the ability of employers to claim tax credits when hiring individuals who face significant barriers to employment. Prior to the acceptance of eSignatures, employers were required to have their applicants provide a wet signature on IRS Form 8850, the pre-screening form to determine WOTC eligibility. The hiring manager then had to mail the form for processing within a 28-day deadline. 

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