About tax program

Benefits you’ll love

Carrazco’s competitive strength resides in its people, methods, and tools. Our professional team is talented, credentialed and driven to succeed.

NEC can reduce an employer’s state income tax liability by as much as $87,000 per qualified employee hired

Dollar-for-dollar reduction in your state income tax liability Improved cash flow

Improved cash flow

And More


Who qualifies?

Credits are generated when companies hire qualified net new employees each year. Qualified employees are those employees who:

  • Are hired after January 1, 2014
  • Receive starting wages that are at least 150% of the state’s minimum wage
  • Are salaried full time employees or hourly employees working at least 35 hours per week
  • Meet one of 5 conditions
  • Unemployed for six months or more, not having completed a degree or course of study more than 12 months prior to hire (unemployed means not receiving wages, not self-employed, and not a full-time student)
  • Veteran, separated from the armed forces within the past 12 months
  • Recipient of the federal Earned Income Credit in the previous tax year
  • Ex-offender convicted of a felony; or
  • Сurrent recipient of CalWORKS or county general assistance (public assistance)

Over 100 industry leading companies love us

Don’t let unclaimed tax credits pass you by.