Maximizing WOTC: 120 Hours vs 400 Hours

Maximizing WOTC: 120 Hours vs 400 Hours

The Work Opportunity Tax Credit, or WOTC, is a federal tax credit available to businesses hiring individuals from targeted groups who consistently face barriers to employment. There are many reasons to participate in WOTC – it benefits workers by increasing...
The Smart Employer’s Guide to Unlocking WOTC Tax Savings

The Smart Employer’s Guide to Unlocking WOTC Tax Savings

Are you looking for a way to reduce your tax bill and save money on your company’s bottom line? If so, you may be interested in the Work Opportunity Tax Credit (WOTC). This tax credit is available to companies that hire employees from specific groups and can...
WOTC Credits Continue to Grow Year-After-Year

WOTC Credits Continue to Grow Year-After-Year

The Work Opportunity Tax Credit (WOTC) is a federal tax credit designed to encourage businesses to hire individuals who face significant barriers to employment. These barriers can include being a veteran, ex-felon, receiving certain types of public assistance, or...
Debunking the 5 Myths of the Work Opportunity Tax Credit

Debunking the 5 Myths of the Work Opportunity Tax Credit

The Work Opportunity Tax Credit (WOTC) is a federal tax credit designed to incentivize employers to hire individuals from certain target groups facing barriers to employment. Despite its potential benefits, there are several misconceptions surrounding WOTC. In this...
Tax Credit Resources for Your Business

Tax Credit Resources for Your Business

Plain and simple, some of the world’s best tax credit providers still fail to provide their clients with in-depth information on how to optimize their tax credits – resulting in missed opportunities and major money. Other providers fall into a cookie-cutter category,...
Work Opportunity Target Groups Guide

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...
Understanding Your State’s WOTC Program

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

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...
How to Benefit from the Work Opportunity Tax Credit (WOTC) Program

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,...