Arvo Partners with UKG to Streamline Tax Credit Capture
Arvo, based in Ohio, has taken an exciting step by forming a partnership with UKG, a recognized leader in HR, payroll, and workforce management solutions. This partnership aims to enhance the financial operations of small and mid-sized businesses (SMBs), especially in the realm of tax credits. Through this collaboration, organizations utilizing UKG Ready will gain access to Arvo's specialized tax credit services, which include the Research and Development (R&D) Tax Credit and the Work Opportunity Tax Credit (WOTC).
Addressing the Challenges Small Businesses Face
Many SMBs often find themselves missing out on substantial tax incentives available to them, primarily due to the complexities surrounding qualification processes and application procedures. These challenges can be particularly daunting for businesses that don’t have the resources to navigate the intricate tax landscape. The integration of UKG's payroll and employee data with Arvo’s services will make it much easier for these businesses to identify and claim the credits they rightfully deserve.
By design, this solution turns an often complex and time-consuming administrative task into a streamlined procedure, enabling business owners to focus on what they do best—growing their business.
The Vision Behind the Partnership
Eric Ermie, the CEO of Arvo, expressed his enthusiasm about the partnership, highlighting a shared commitment to empowering businesses. He stated, "We understand how small businesses can frequently feel overwhelmed, which is why we strive to transform complicated tax and accounting activities into simple, actionable insights. This partnership with UKG Ready further simplifies the process for business owners looking to claim their hard-earned credits."
UKG’s Pioneering Role in the Industry
UKG stands out within the human capital management (HCM) landscape, boasting over 350 technology and service partners. Its extensive partner ecosystem is committed to enhancing business outcomes and enriching employee experiences. The collaboration with Arvo emphasizes UKG’s focus on creating solutions that not only improve operational efficiency but also promote a supportive work culture.
Arvo’s Growth Journey
The announcement of this partnership arrives during a notable growth phase for Arvo. The company has successfully undergone a series of strategic acquisitions that have significantly broadened its reach within the small business sector. This growth trajectory has cemented Arvo's position as a premier financial operations hub for small and mid-sized businesses looking to scale effectively.
About Arvo
Arvo is designed as an all-in-one tax and accounting platform, specifically crafted with small businesses in mind. It was developed by a team of seasoned professionals including CFOs, CPAs, and experts in tax law. Arvo uniquely combines expert services with intelligent technology, simplifying the often daunting task of financial management. With a focus on bookkeeping, tax planning, and accessing available specialty tax credits, Arvo equips small business owners with the insights they need to drive growth.
About UKG
UKG champions a people-first mission, striving to inspire organizations to create great workplaces through its HCM technology. With trust from over 80,000 organizations of varying sizes and sectors, UKG delivers HR, payroll, and workforce management solutions that enable better workplace experiences and informed decision-making.
Media Inquiries
For media inquiries, please contact Justin Smith at jsmith@arvotech.com.
Frequently Asked Questions
What is the purpose of Arvo's partnership with UKG?
The partnership aims to streamline access to tax credit services for small businesses using UKG Ready, making it easier for them to identify and claim available credits.
Which tax credits can businesses access through this integration?
This integration focuses on the Research and Development (R&D) Tax Credit and the Work Opportunity Tax Credit (WOTC).
Who benefits from this partnership?
Small and mid-sized businesses that use UKG Ready will benefit, as they will have access to tax credit services that they may not have previously utilized.
What does Arvo provide for small businesses?
Arvo offers a comprehensive tax and accounting platform integrating expert services with technology tailored to small businesses' needs.
How does UKG support businesses?
UKG provides HR, payroll, and workforce management solutions designed to improve workplace experiences and enhance decision-making capabilities across organizations.
