In today’s tough job market and economy, the Work Opportunity Tax Credit (WOTC) may help employers. Many business owners are hiring and should be aware that the WOTC is available to employers that hire workers from targeted groups who face significant barriers to employment. The credit is worth as much as $2,400 for each eligible
work opportunity tax credit Archives - Crawford Ellenbogen
Oct 6, 2022
Work Opportunity Tax Credit provides help to employers
- By Victor Dozzi
- Business
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Jun 12, 2019
Hiring this summer? You may qualify for a valuable tax credit
- By Ellenbogen
- Business
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If you hire from certain “targeted groups” and get proper certification, you can claim the Work Opportunity Tax Credit (WOTC) on your 2019 tax return. You can claim it for eligible workers whose employment begins before January 1, 2020. Targeted groups include qualified veterans, eligible summer youth, the long-term unemployed, ex-felons and certain government assistance