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Work Opportunity Tax Credits with iRecruit and Onboarding

What Is the Work Opportunity Tax Credit (WOTC), and How Does It Benefit Employers?

The Work Opportunity Tax Credit is a Federal tax credit available to employers* to hire and retain individuals from target groups with significant barriers to employment. Employers claim about $1 billion in tax credits each year under the WOTC program. There is no limit on the number of individuals an employer can hire to qualify to Read more about What Is the Work Opportunity Tax Credit (WOTC), and How Does It Benefit Employers?[…]

Work Opportunity Tax Credits with iRecruit and Onboarding

3 Things Employers Don’t Know About WOTC

The Work Opportunity Tax Credit is a Federal tax credit available to employers to hire and retain individuals from target groups with significant barriers to employment. Between 8-15% of New Hires may fall into one of the qualifying categories for WOTC. This can make you eligible to receive a tax credit of between $2,400 and Read more about 3 Things Employers Don’t Know About WOTC[…]