Blog
Five takeaways from Arvo + Aqore’s WOTC webinar
We took notes at "The Power of WOTC," so you don't have to Arvo's Director of Sales and Marketing Emily Osborne presented a free webinar alongside Aqore Staffing Software's Chief Revenue Officer Steve Zipparro on May 30, 2024. An in-depth exploration of the Work...
Top staffing firms don’t skip WOTC
The Work Opportunity Tax Credit covers the costs of recruiting and hiring, and then some If recruiting and hiring were simple, the staffing industry wouldn't exist. What's more is that since the pandemic, staffing firms have had to clear two hurdles that don't seem...
Is WOTC worth it?
TLDR: Yes…when you work with Arvo If you've heard of the Work Opportunity Tax Credit (WOTC), you may already know that: >21% of Americans are eligible for WOTC Maximum credits per employee range from $1,200 to $9,600 Surplus WOTC credits can be carried forward or...
WOTC is custom-built for construction companies
WOTC pays you back for filling open roles Through rain, sun, snow, economic slowdowns, and supply chain shortages–if you're in construction, you do what it takes to keep building. Recently, you've likely faced two big problems that may be getting worse: The current...
Six ways Arvo’s State Workforce Agency Team saves time and money
To get the most from WOTC, you need the best teammates Many organizations save money on taxes by claiming the Work Opportunity Tax Credit (WOTC). However, few utilize WOTC to its full potential. That's because claiming the WOTC can be a complicated process. One...
Build a strong manufacturing workforce with WOTC
WOTC pays you back for filling open roles Whether your manufacturing company builds with metals, plastics, glass, biologics, or something else, one thing remains true–you need human workers to get the job done. Unfortunately, two problems may be working against you. ...
How much should I get from WOTC?
Optimized WOTC programs can earn >500% more than "good" programs If your business or non-profit participates or is planning to participate in the Work Opportunity Tax Credit (WOTC) program, you may have heard promises of big tax breaks and, as a result, increased...
How to claim the WOTC in Minnesota
Over twice as many WOTC certifications as lakes in Minnesota annually The Work Opportunity Tax Credit (WOTC) program rewards employers who hire and retain disadvantaged job-seekers. The amount of credit an employer can claim is calculated as a percentage of wages paid...
Important WOTC change coming soon
ETA Form 9198 will replace IRS Form 2848 on May 31, 2024 Last June, the Department of Labor announced an important change that anyone who employs a third party (such as Arvo Tech) to manage their Work Opportunity Tax Credit (WOTC) program needs to comply with by May...
How to claim the WOTC in Illinois
Illinois businesses gain WOTC certification at high rates The Work Opportunity Tax Credit (WOTC) program rewards employers who hire and retain disadvantaged job-seekers. The amount of credit an employer can claim is calculated as a percentage of wages paid to...
How does WOTC certification work?
WOTC-eligible employees must be certified by SWAs The Work Opportunity Tax Credit (WOTC) program promises big financial benefits to employers who hire disadvantaged job-seekers. In order to claim the benefits, however, employers must obtain WOTC certification from the...
How to claim the WOTC in Texas
Don’t mess with taxes The Work Opportunity Tax Credit (WOTC) program rewards employers who hire and retain disadvantaged job-seekers with tax credits. The amount of credit an employer can claim is calculated as a percentage of wages paid to WOTC-eligible new hires,...
How can I make more money with WOTC?
Learn how to get the most from WOTC The Work Opportunity Tax Credit (WOTC) program is a federal employment tax credit program that rewards employers who hire and retain disadvantaged job-seekers with credits against their annual tax liability. The credits are...
How to claim the WOTC in California
Employers in California obtained the largest number of WOTC certifications in 2022 The Work Opportunity Tax Credit (WOTC) program rewards employers who hire and retain disadvantaged job-seekers with tax credits. The amount of credit an employer can claim is calculated...
When will I receive my ERTC refund?
IRS processing of Employee Retention Tax Credit claims remains stalled The Employee Retention Tax Credit (ERTC), AKA the Employee Retention Credit (ERC), is a refundable tax credit created via bipartisan congressional action in 2020 and 2021 in order to support...
What is a WOTC survey?
Screening applicants is the first step toward claiming the WOTC The Work Opportunity Tax Credit (WOTC) program offers valuable tax benefits to employers who hire disadvantaged job seekers. Businesses with highly effective WOTC strategies can boost their total cash...
How much money can I make with WOTC?
The answer to this simple question relies on a number of factors The Work Opportunity Tax Credit (WOTC) program has rewarded businesses who hire and retain disadvantaged job seekers with valuable tax credits since 1996. Many people have heard of WOTC, but...
What is Form 5884?
An introduction for business owners claiming the WOTC If you’re a business owner hoping to benefit from the Work Opportunity Tax Credit (WOTC) program, chances are you’ve encountered IRS Form 5884. In this blog, we’ll answer some common questions about Form 5884. ...
Retail stores shouldn’t discount the Work Opportunity Tax Credit
WOTC lowers hiring costs and boosts long-term profits for retailers The Work Opportunity Tax Credit (WOTC) program is designed to benefit both employers and employees. By understanding and leveraging the WOTC, retail stores can significantly boost their bottom line...
Seven reasons to ditch your WOTC provider
Horror stories we hear from people who make the switch The Work Opportunity Tax Credit (WOTC) program can boost your bottom line by up to 40%, but only if your WOTC provider performs to the best of their ability. In this blog, we'll describe the top seven reasons...
Five reasons why both Democrats and Republicans support the Work Opportunity Tax Credit
WOTC is popular across the aisle thanks to its many attractive benefits The Work Opportunity Tax Credit (WOTC) is a federal tax credit program designed to encourage businesses to hire individuals facing significant barriers to employment. These include veterans,...