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HO-CHUNK, INC.
1 Mission Drive Winnebago, NE 68071
800-439-7008 (toll free)
402.878.2809 402.878.2560 (fax)
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| Teaming Advantages: rESERVATION BUSINESSES |
- Since the Reservation qualifies as a HUBZone area, your business located on the reservation may qualify you as a HUBZone company if 35% of your employees also live in a HUBZone area. That means that if you are able to hire Winnebago tribal members to complement your workforce, you can take advantage of the HUBZone certification.
- As a business located on the Reservation, any tribal employees will qualify you for a federal employer tax credit equal to 20% of the employee’s wages, including health insurance premiums paid by the employer. The tax credit can be claimed on wages not exceeding $45,000.
- With a Reservation location, you can qualify for an Accelerated Federal Property Depreciation Schedule. This provides a shorter recovery period of about 40% for non-residential depreciable property. This federal tax deferral can substantially increase the after-tax income of your business.
- The community of Winnebago is centrally located between two major metropolitan areas, 75 miles north of Omaha, Nebraska and 20 miles south of Sioux City, Iowa. This location allows us the opportunity to do business on both a regional and national level and also attract qualified employees from a variety of communities.
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