Our Story

Our Story

From Tax Credits to Data Analytics and Data Consolidation

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Founded in 1999, our company has deep roots in tax and regulatory affairs stemming from decades of experience at international law firms and “Big 4” accounting firms. Our initial focus was on the use of workforce data to generate tax credits and incentives for clients.

In 2008, the tax credit program took a significant step forward when we developed TaxAdvantagesm in partnership with Intuit for Intuit Employment Management Service’s 1.4 million customers. TaxAdvantagesm, with its web portal, call-center, and professional support, provides the industry’s most effective federal Work Opportunity Tax Credit service, making our WOTC program one of the best in the nation.

With the success of TaxAdvantagesm, we began exploring additional ways to effectively apply technology to the use of workforce data. As we came into contact with various HR information systems used by our clients, we saw opportunities to create a better way to capture and consolidate workforce data to have broader business and regulatory applications.

 

This began our deep dive into using data and analytics to serve our clients.

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Data - The Raw Inputs Matter

At First Capitol, we understand the importance of data integrity and the challenges organizations face to ensure that their business data flows towards a Single Source of Truth. We know all analytic outputs are only as good as the quality of the raw data inputs. By combining technology with human expertise, we have developed a data consolidation process that pulls information from disjointed data silos in a way that ensures the quality and accuracy of the data used to deliver our RegTech services.

Data - The Raw Inputs Matter

At First Capitol, we understand the importance of data integrity and the challenges organizations face to ensure that their business data flows towards a Single Source of Truth. We know all analytic outputs are only as good as the quality of the raw data inputs. By combining technology with human expertise, we have developed a data consolidation process that pulls information from disjointed data silos in a way that ensures the quality and accuracy of the data used to deliver our RegTech services.

The Journey to a Single Source of Truth Begins with Clean Data

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Our solutions are always focused on driving successful business outcomes. We create order and simplicity out of the chaos of today’s volatile and complex business world by transforming dirty data into actionable intelligence that can be readily implemented to benefit an organization’s performance. Our process validates the accuracy of the underlying data used to make business decisions and drive regulatory compliance.

Through the execution of proprietary systems with professional oversight, we are committed to expanding the field of data consolidation and RegTech services to the benefit of our clients. Data - The Raw Inputs Matter At First Capitol, we understand the importance of data integrity and the challenges organizations face to ensure that their business data flows towards a Single Source of Truth.

We know all analytic outputs are only as good as the quality of the raw data inputs. By combining technology with human expertise, we have developed a data consolidation process that pulls information from disjointed data silos in a way that ensures the quality and accuracy of the data used to deliver our RegTech services to the benefit of our clients.

Time tunnel, computer generated abstract fractal design

Our History

  1. First Capitol Consulting

    January 10th, 1999

    Robert starts First Capitol Consulting. Begins employment tax credits and incentives program, which soon becomes largest in the U.S.

  2. US Metro Bank

    January 20th, 2004

    Robert forms US Metro Bank, which disrupts the banking system with the promotion of mobile check deposits.

  3. TaxAdvantagesm

    January 15th, 2008

    First Capitol partners with Intuit to create TaxAdvantagesm. The software is the backbone of the most effective employment tax credit service in the country.

  4. Affordable Care Act

    January 15th, 2015

    First Capitol launches new Affordable Care Act compliance service to help organizations with ACA required IRS filings.

  5. Humanefits

    January 14th, 2016

    First Capitol develops its Humanefits workforce management software.

  6. ACA Penalty Reduction Service

    January 10th, 2017

    First Capitol launches ACA Penalty Reduction Service to help organizations respond to ACA penalty assessments from the IRS Letter 226J.

  7. Pay Equity Audit

    January 18th, 2018

    First Capitol launches Pay Equity Audit and Analytics service.

Our Story | First Capitol Consulting, Inc.

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