1-in-5 hires are eligible
Whether your company hires blue-collar or white-collar workers, 1-in-5 new hires are potentially eligible. Maximize your profitability and reduce your Federal tax liability by capturing these financially beneficial Work Opportunity Tax Credits (WOTC).
New Hire Eligibility
Whether your company hires blue-collar or white-collar workers, 1-in-5 new hires are potentially eligible. Maximize your profitability and reduce your Federal tax liability by capturing these financially beneficial Work Opportunity Tax Credits (WOTC).
Organizations and companies in industries such as temporary staffing, transportation, warehousing, manufacturing, distribution, retail, food service, and healthcare (as well as other businesses which rely on an hourly wage and entry-level workforce) are well suited to benefit from WOTC because of the nature of a higher turn-over rate for their industries.
The credit represents a permanent reduction in income tax and directly reduces a business’s effective tax rate. Your business will increase profits and obtain additional cash flow by leveraging this tax credit.
There is no limit to the amount of credit available through the program as a whole or to a single employer.