Posts Tagged ‘Tax Credits’
Improve Your Bottom Line and Community with WOTC
The federal Work Opportunity Tax Credit (WOTC) program can generate your organization savings of up to $9,600 per qualified candidate, which can be a boost to the bottom lines of employers who are actively hiring. According to the U.S. Department of Labor, about $1 billion in tax credits are claimed through the WOTC program annually.…
Read MoreDOL Gives Businesses Second Opportunity For WOTC Job Tax Credits
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…
Read MoreTracking Time and Attendance: A Business Intelligence and Regulatory Imperative
As misclassification suits arise from ill-defined job descriptions in the gig economy, how employees utilize their workdays is also becoming an issue. Who is managing and tracking how workers spend their time on the job? A new survey indicates that managers seem to be leaving that task to employees. Employee tracking software company TSheets conducted…
Read MoreTennessee Demonstrating the Value of WOTC
The Tennessee Department of Labor and Workforce Development Commission (TDLWD) has issued more than $215 million in Work Opportunity Tax Credits (WOTC)
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