Your WOTC Dashboard will provide a real-time overview of how many credits you have, and how many are pending. Howecver, if you’re not a customer yet, but are interested in estimating how much value Work Opportunity Tax Credits could potentially provide to your company, you can use our WOTC Calculator below.
The calculator estimates that approximately 15 per cent of new hires may qualify. This can vary by location and industry, in CMS’s 20+ years of experience, we find that 8-15 per cent of all new hires qualify. The average tax credit is $2,400, but can rise to as much as $9,600.
Calculate Your Savings:
Enter the number of new hires you expect to hire this year.
How WOTC works with iRecruit and iConnect
iRecruit and iConnect is a system that can practically pay for itself through the addition of these valuable tax credits. You can link your iRecruit and WOTC accounts easily. You can use iRecrut’s email templates to request that new hires complete the WOTC Survey online, via multi-lingual call center, or by paper. iConnect customers can include WOTC as part of all of their new hire documents.
iRecruit customers who would like to use WOTC can request the addition of WOTC through your account representative.
For more information about WOTC, or if you have questions about using iRecruit with the Work Opportunity Tax Credit, please contact us below: