ADP Tax Credit Services to Help American Businesses Capture New Veterans Hiring Credit

ROSELAND, N.J., Nov. 21, 2011 /PRNewswire/ -- ADP^®, a leading provider of human resource outsourcing, payroll services, tax and compliance services, benefits administration and integrated computing solutions for vehicle dealers, today announced that its industry-leading Tax Credit Services business is prepared to identify, screen and certify the tens of thousands of veterans whose hiring now would make their employers eligible to claim the federal Work Opportunity Tax Credit (WOTC).

President Obama today signed the 3% Withholding Repeal and Job Creation Act (H.R. 674) after the legislation passed the House of Representatives with a vote of 422-0 and received a 95-0 vote in the Senate. The bill includes the Returning Heroes and Wounded Warriors Work Opportunity Tax Credit, which creates four new categories of veterans who are eligible for WOTC certification:

1. Veterans who have received at least four weeks of unemployment benefits in the year prior to their hire. The credit is equal to 40 percent of the first $6,000 in wages paid to them, for a total of $2,400.
2. Disabled veterans who have been discharged or released from active duty in the year prior to their hire. The credit is equal to 40 percent of the first $12,000 in wages, for a total of $4,800.
3. Veterans who have received at least six months of unemployment benefits in the year prior to their hire. The credit is equal to 40 percent of the first $14,000 in wages, for a total of $5,600.
4. Disabled veterans who have received at least six months of unemployment benefits in the year prior to their hire. The credit is equal to 40 percent of the first $24,000 in wages, for a total of $9,600.

ADP Tax Credit Services has examined the impact of these new categories on the WOTC certification process and expanded its screening methods to include the new veteran categories.

"An important way of honoring our veterans and their contribution to this country is through hiring these courageous men and women when they enter the civilian workforce," said Sen. Johnny Isakson (R-Ga.). "The Returning Heroes and Wounded Warriors Work Opportunity Tax Credit not only helps our veterans, but also gives employers an incentive to gain from the world-class training, skills and work ethic that veterans developed through their service."

"Veterans have demonstrated their dedication to the United States, and American businesses are eager to put these talented individuals to work," said Jim Brown, senior vice president and general manager, ADP Tax Credit Services. "ADP is proud to help employers hire qualified veterans and benefit from the Work Opportunity Tax Credit, and we have the systems in place to identify, screen and certify these job candidates immediately."

Staffed with more than 500 tax credit professionals and a dedicated team of government relations specialists, ADP also provides employers screening and certification processes for Federal Empowerment Zones (EZ) and Renewal Communities (RC) employment credits and tax benefits, the Federal Indian Employment Credit, and state credits and incentives. By providing services for the WOTC and other employment tax credit opportunities, ADP allows employers to maximize their benefits while bringing many unemployed individuals back into the workforce.

For more information on ADP Tax Credit Services, please visit www.ADP.com.

About ADP
Automatic Data Processing, Inc. (NASDAQ: ADP), with about $10 billion in revenues and approximately 570,000 clients, is one of the world's largest providers of business outsourcing solutions. Leveraging over 60 years of experience, ADP offers a wide range of human resources, payroll, tax and benefits administration solutions from a single source. ADP's easy-to-use solutions for employers provide superior value to companies of all types and sizes. ADP is also a leading provider of integrated computing solutions to auto, truck, motorcycle, marine, recreational vehicle and heavy equipment dealers throughout the world. For more information about ADP or to contact a local ADP sales office, reach us at 1 (800) 225-5237 or visit the company's website at www.ADP.com.

For more information, contact:

ADP Public Relations
(973) 974-7612
[email protected]

Jill Lewis, Weber Shandwick for ADP
(952) 346-6279
[email protected]

SOURCE Automatic Data Processing, Inc.