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  • Work Opportunity Tax Credit

    It is a Federal income tax credit applied against a company's income tax liability. The financial benefit to an employer is up to $9,000 for every qualified new hire--typically representing 15% of most company's new hires. There are numerous categories upon which a new hire may qualify.

  • #2
    Re: Work Opportunity Tax Credit

    Work Opportunity Tax Credit (WOTC) is a Federal tax credit incentive that the Congress provides to private-sector businesses for hiring individuals from nine target groups who have consistently faced significant barriers to employment. The employer determines likely eligibility by including the WOTC Pre-Screening Notice as part of the application process.
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