What is RetroTax?

RetroTax is a full service tax credit administration platform that allows your company to generate federal and state tax credits based on the employees you hire, locations you open, and growth you experience. We help organizations turn HR into a profit center. Our integrated offering reduces the amount of time and administrative burden spent managing these programs, and all work is on a contingent fee, which means no risk, all reward.

Features

Seamlessly Screen New Hires

As you hire and onboard new employees, RetroTax is there to help you screen these employees for potential tax credits. All new hires receive a tax credit questionnaire to complete, and RetroTax takes the process from there, handling the certification process from start to finish.

Monthly Activity Reporting

RetroTax clients receive monthly reports to keep on top of tax credit activity. At glance, track number of new hires screened, pending certifications, and applications approved for tax credits.

Contingent Fee Pricing

You only pay if we are successful in generating credits for your company. No risk, all reward! On an annual basis, we’ll reach out to you for payroll data to create a final tax package that your CPA/tax counsel can use to apply the credits directly to your company tax returns.

Additional Programs Available

RetroTax can also help your company administer other federal and state tax credit and incentive programs. During our introductory appointment we will discuss the availability of other programs in your area and industry.

Integration Type
One-way via API
Direction of Data Flow

BambooHR to Partner App

Sync Trigger
It's scheduled to sync at a regular time interval
Sync Frequency

Daily

How it Works

Upon integration RetroTax will confirm your ability to utilize federal income tax credits and discuss other tax savings programs that may be available to you. From there, the integration allows simple and seamless screening for tax credits. New hires complete the tax credit questionnaire during the onboarding process, and our integration with BambooHR takes it from there. The integration allows RetroTax to submit applications daily for certification to the respective State Agency, ensuring maximum tax credit eligibility.

What Data Syncs?

BambooHR Field  Sync Direction RetroTax
First Name  from bamboo HR to partner  First Name
Last Name  from bamboo HR to partner  Last Name
Address Line 1  from bamboo HR to partner Address Line 1
Address Line 2  from bamboo HR to partner Address Line 2
City  from bamboo HR to partner  City
State  from bamboo HR to partner  State
Country  from bamboo HR to partner  Country
Zip Code  from bamboo HR to partner  Zip
State Code  from bamboo HR to partner State Code
SSN  from bamboo HR to partner SSN
Location  from bamboo HR to partner  Location
Hire Date  from bamboo HR to partner  Hire Date
Original Hire Date  from bamboo HR to partner Original Date
Last Changed  from bamboo HR to partner Last Changed
Termination Date  from bamboo HR to partner End Date
Best Email  from bamboo HR to partner Email
BambooHR Employee ID  from bamboo HR to partner BambooHR ID
Date of Birth  from bamboo HR to partner Date of Birth

SUBMIT FEEDBACK
Are you a user of this integration? If so, we'd love to get your feedback! Tell us what you like or what you think could be improved.
SUBMIT FEEDBACK

Integration Supported By:

RetroTax

Support Contact Options

Phone Support:  317-925-0553
Email Support:  bamboohr@retrotax-aci.com

Support Hours

8am-5pm ET
Monday-Friday

BambooHR’s Help Article:

https://help.bamboohr.com/hc/en-us/articles/360020905174-retrotax

RetroTax‘s Help Article:

https://www.retrotax-aci.com/bamboohr-help-article