Work Opportunity Tax Credits
Get a dollar-for-dollar credit against taxes owed for hiring certain categories of employees.
The Work Opportunity Tax Credit (WOTC) is a federal income tax credit intended toβ encourage employers to hire targeted groups deemed by Congress to have barriers to employement. Targeted hiring group include:
Veterans
Summer Youth Employees
Long-term Unemployed
Food Stamp (SNAP) recipients
Designated Community residents
Suplemental Security Income Recipients
Welfare (TANF) recipients
Vocational Rehabilitation referrals
No heavy lifting. We handle screening, filing, and follow up and report yearly on the credit to your CPA. You just enjoy the credit, which typically repeats itself year after year.
Typical Qualifying Industries
Consumer
Quick Serve Restaurants
Restaurants
Grocery
Event Catering
Amusement Parks
Hotel
Day care / Learning Centers
Newspaper / Publishing
Industrial
Manufacturing
Contractors
Construction
Remodelers
Food Processing
Healthcare
In-Home Care
Nursing Homes
Hospitals
Physical Therapists
Dentists
Staffing
Industrial
Distribution