Posts Tagged ‘Federal Tax Credits’

Start Using WOTC to Help Your Business

Start Using WOTC to Help Your Business

Over $1 billion in tax credits are claimed annually through the federal Work Opportunity Tax Credit program (WOTC). Through WOTC, run by the U.S. Department of Labor (DOL), federal tax credits of up to $9,600 per employee are available to employers for hiring individuals from target groups that consistently faced barriers to employment. Below are…

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DOL Gives Businesses Second Opportunity For WOTC Job Tax Credits

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The U.S. Department of Labor (DOL) has rethought its stance on Work Opportunity Tax Credit (WOTC) applications submitted in 2014 through 2016 that were rejected for WOTC certification by State Work Agencies (SWAs). The DOL, in Training and Employment Guidance Letter No. 07-17, said that the Social Security Administration (SSA) would be re-evaluating Target Group…

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