Walton opened its doors in 1981 during the infancy era of government-based tax credit and incentive programs under the leadership of its founder, Fred Stiftel. At the time, the company's focus was on administering the Targeted Jobs Tax Credit (TJTC), which had many moving parts that required the administration of a lot of paperwork within tight deadlines. Years later, in 1996, the Work Opportunity Tax Credit (WOTC) program replaced TJTC, prompting an important transition for the business.

Similar to its predecessor program, WOTC had many elements and paperwork filing deadlines that brought new challenges and opportunities for employers. As time went by, Walton became a respected and trusted advisor in the industry, having developed best practices proven to deliver maximum results for its clients.