Work Opportunity Target Groups Guide
WOTC Hiring from Targeted Groups The Work Opportunity Tax Credit (WOTC) is a Federal tax credit available to employers for hiring individuals from certain targeted groups who have consistently faced significant barriers to employment. WOTC joins other workforce...
Arvo Launches New Tax Credit Tool to Help Businesses Instantly Determine Employment Tax Credits
Leading Technology Tax Platform Delivers Easy-to-Use Calculator to Ensure Companies Aren’t Missing Out on Big Tax Savings Our goal is to help businesses simplify access to the tax savings for which they are owed and our new tool is a great way for them to quickly...
Understanding Your State’s WOTC Program
The Work Opportunity Tax Credit is a federal tax credit program for employers who hire eligible individuals from identified target groups who may have return-to-work barriers. However, it starts at the State level, so let’s take a look at understanding your state’s...
Implications of the Work Opportunity Tax Credit and Labor Market
WOTC Implications and the Labor Market Virtually all industries that rely on manual labor have experienced significant labor shortage issues. Clarus Solutions’ Brent Johnson discusses how business owners can use the Work Opportunity Tax Credit when hiring new...
Tips To Help Small Business Owners Better Understand and Maximize the Employee Retention Tax Credit
The Employee Retention Credit Our company recently conducted a survey of 500 business decision-makers and found that nearly half (44 percent) of businesses haven’t participated in any incentive programs beyond PPP because they don’t know if their company qualifies. In...
How to Benefit from the Work Opportunity Tax Credit (WOTC) Program
Did you know that around 20% of U.S. employees qualify for WOTC tax credits, but don’t even know it? If you are a business owner, this is great news for you! The credits you can claim range from $1,200 to $9,600, depending on worker category, number of hours worked,...