Service Description:
The Work Opportunity Tax Credit (WOTC) is a tax incentive for employers to hire certain hard-to-place job seekers.
The goal is to help these individuals become economically self-sufficient and to reward employers who give them a
chance.
Employers can reduce their federal business taxes by anywhere from $2,400 to $9,600 per eligible employee. The
amount employers get is based on:
- Employee’s target group
- Wages earned and hours worked by the employee
Minimum Eligibility:
There are different eligibility criteria for:
- Veterans
- Long-term unemployed
- Individuals receiving public assistance such as SNAP, TANF or SSI
- Ex-felons
- Individuals with disabilities
Yes Questions:
If customers answer “yes” to any of the following questions, they may possibly be a good fit for our services:
- Are you an employer willing to hire certain hard-to-place job seekers?
- Do you want to earn a tax incentive for hiring a hard-to-place job seeker?
- Are you a hard-to-place job seeker that could benefit from an employer incentive?