Georgia Retraining Tax Credit Program
The Georgia Retraining Tax Credit is an economic development incentive that offsets the cost of training existing employees on new technology or systems. This valuable tax credit provides up to $1,250 annually per employee in tax incentives, significantly reducing your tax burden while improving workforce skills.
Keeping up with eligibility guidelines and filing requirements for the Georgia Retraining Tax Credit can be overwhelming. Let our team of tax incentive experts handle these time-consuming tasks for you:
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Matching your business with the Georgia Retraining Tax Credit and other incentives most appropriate for your needs
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Collecting necessary data and documentation and completing complex calculations
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Create an audit-ready tax incentive package that clearly identifies each key component of the calculation and supporting documentation
Schedule a meeting with a Georgia Retraining Tax Credit expert
About the Georgia Retraining Tax Credit
Qualifying for the Retraining Tax Credit
Any business that files a Georgia income tax return is eligible for the Georgia Retraining Tax Credit. To qualify, training programs must be designed to enhance quality and productivity or teach certain software technologies. Retraining must be provided by any qualified source, including company trainers, training vendors, technical colleges, or universities.
Qualifies
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Conferences for new technologies
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New or upgraded tools
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New or upgraded software
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Office equipment training
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Lean, and Six Sigma training
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New or upgraded equipment for production, business operations, physical facilities, etc.
Does Not Qualify
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Executive coaching
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Workshops for middle and senior managers
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OSHA/EPA/DOT compliance
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First Aid/CPR
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Interpersonal skills training
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Conferences for non-technical subject matter
Schedule a meeting with a Georgia Retraining Tax Credit expert
Eligibility for the Georgia Retraining Tax Credit Program
A business might be eligible for the Georgia Retraining Tax Credit prgoram if they have one of the following activities:
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Moving from manual, pen & paper processes to software
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Switching technology providers
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Training current employees on new equipment
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Upgrading to a newer version or buying more features of an existing software tool
Examples of Qualifying Software Include
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Accounting/finance/billing/payroll
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HRIS (HR Information System)
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Job costing and estimating
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Warehouse and inventory management
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Electronic medical record systems
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Dealer management systems
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Document management
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Customer relationship management (CRM)
