Blogs
Use Job Fairs to Attract & Screen WOTC Candidates
The Work Opportunity Tax Credit (WOTC) program can be effectively combined with both in-person and virtual job fairs to maximize its benefits for employers. Here's how you can integrate WOTC with job fairs in both formats: In-Person Job Fairs: Preparation and...
Should the Work Opportunity Tax Credit be Included as Part of Your Employee Handbook?
The Work Opportunity Tax Credit (WOTC) is a federal tax credit program that provides incentives for employers to hire individuals from specific target groups who may face barriers to employment. While it's not a legal requirement to include information about the WOTC...
Leveraging Tax Credit Technology: A Game-Changer for Staffing Firm
In today's dynamic business landscape, staffing firms are constantly seeking innovative ways to stay ahead of the curve and deliver exceptional value to their clients and candidates. One such avenue that has gained traction is the strategic utilization of tax credits...
Unlocking Tax Incentives: How Empowerment Zone Credits Benefit Trucking Companies
For trucking companies, navigating the complex tax landscape can be a daunting task. However, did you know that there's a potential silver lining? Empowerment Zone Credits offer a ray of hope for these businesses, providing tax incentives that promote economic...
Boosting Profits in the Trucking Industry: Unraveling the Benefits of WOTC
In the competitive world of the trucking industry, companies are always seeking ways to enhance their profitability and maintain a competitive edge. One often-overlooked avenue that can significantly impact a trucking firm's bottom line is the Work Opportunity Tax...
Leveraging WOTC as a Competitive Advantage: Maximizing Profitability for Staffing Firms
In the highly competitive world of staffing firms, finding ways to reduce front-end costs and enhance profitability is essential for success. One often overlooked but highly valuable tool for achieving this is the Work Opportunity Tax Credit (WOTC). By...
The Power of Training on Improving Retention & Maximizing WOTC
Training employees can have a significant impact on both employee retention and the potential for securing more Work Opportunity Tax Credit (WOTC) credits. Here's how training can positively influence these aspects: Improved Employee Skills and Job...
The Powerful Connection Between Employee Wellbeing, Retention, Organizational Success, and WOTC
In today's fast-paced and competitive business world, organizations are recognizing that their most valuable asset is their employees. Happy and engaged employees not only contribute to a positive work culture but also play a crucial role in driving the success of the...
Optimizing Your Business with AI-Enhanced Analytics: A Guide to Maximizing WOTC Tax Credits
In today’s competitive market, small businesses are constantly seeking ways to innovate and stay ahead. Artificial Intelligence, or more precisely, its applications in data analytics and machine learning, has become a beacon of efficiency and strategic planning. These...
Maximizing Profitability in Home Health Care with the Work Opportunity Tax Credit (WOTC)
In the fast-paced and demanding home health care industry, optimizing profitability while maintaining high-quality care is crucial for agencies. The Work Opportunity Tax Credit (WOTC) offers a powerful solution that can significantly impact the bottom line of home...
Leveraging the Work Opportunity Tax Credit (WOTC) to Boost Your Restaurant’s Bottom Line
As restaurants navigate the ever-changing landscape of the hospitality industry, finding innovative ways to cut costs and enhance profitability is crucial. One often overlooked opportunity for restaurants is the Work Opportunity Tax Credit (WOTC) program, which offers...
Creating More Sales for Staffing Firms by Using WOTC as a Sales Tool
As a staffing firm, the Work Opportunity Tax Credit (WOTC) can provide significant benefits to your sales team by offering additional value propositions and incentives to potential clients. WOTC can enhance your sales efforts in the following ways: Cost Savings for...
Top 10 WOTC Questions Asked
We often have companies that ask questions with regards to their eligibility for WOTC and how to run the program. Please see the questions and answers below: #1 How do I know if my company qualifies for WOTC? Both For-Profit and Non-Profit companies can qualify...
A Personal WOTC Specialist Versus a Call Center Approach
When it comes to handling Work Opportunity Tax Credit (WOTC) applications, there are two main approaches: using a personal WOTC specialist or working with a call center. Both options have their advantages and drawbacks, and the choice depends on your specific...
Ensure Your WOTC Vendor is Only Using Your Information for WOTC
Now more than ever, it is crucial to ensure your Work Opportunity Tax Credit (WOTC) vendors use both your personal information and your candidate information only for the purpose of processing WOTC. There are many vendors that have other services that they...
Converting WOTC Candidates into Valuable Employees
Hiring WOTC (Work Opportunity Tax Credit) candidates can bring numerous benefits to your organization, but it's essential to have a plan in place to successfully convert them into valuable employees. Today, we will explore five key strategies to help you...
Avoiding the # 1 Mistake to Prevent for WOTC Success
When it comes to taking advantage of government programs that benefit businesses, Work Opportunity Tax Credit (WOTC) stands out as a valuable opportunity. However, many companies inadvertently miss out on the potential benefits due to a common mistake:...
How WOTC Can Make a Positive Impact on Your Sales
WOTC (Work Opportunity Tax Credit) can potentially help businesses in various ways, including positively impacting sales. Here are a few ways in which WOTC can potentially contribute to sales growth: Hiring Incentives: WOTC provides tax incentives to businesses...
Top Factor that will prevent Work Opportunity Tax Credit Success
Implementing a Work Opportunity Tax Credit (WOTC) program can bring substantial financial benefits to businesses. However, the success of such a program hinges on 1 key factor…effective communication and employee awareness. Without clear and comprehensive...
Arvo Tech Study Finds 6 in 10 SMBs Took Advantage of Tax Incentive Programs in 2022, Up 14 Percent YoY
This year has been a turbulent time for business owners, with inflation, rising interest rates and a volatile economy. To combat losses and help support growth, more small and mid-sized businesses (SMBs) participated in federal and state incentive programs this year,...
Unlocking Success: 5 Key Strategies for Small Businesses
Running a small business can be both challenging and rewarding. To achieve long-term success, small businesses must navigate a competitive landscape while maximizing their strengths. Today we'll explore five key strategies that can help small businesses thrive...