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WOTC Tax Credit iRecruit

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 ten target groups with significant barriers to employment. Employers claim billions 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 claim Read more about What Is the Work Opportunity Tax Credit (WOTC), and How Does It Benefit Employers?[…]

WOTC Tax Credit iRecruit

Does an employee still qualify for the Work Opportunity Tax Credit when they work remotely?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Does an employee still qualify for the Work Opportunity Tax Credit when they work remotely? CMS Responds: It doesn’t matter where they work, it really comes under how long they work, and how much they receive as earnings if they’re qualified. Qualified candidates Read more about Does an employee still qualify for the Work Opportunity Tax Credit when they work remotely?[…]

WOTC Tax Credit iRecruit

WOTC Tax Credit Calculator – How to Estimate Your Potential Tax Credits

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. WOTC Wednesday: Big question is “We get these WOTC Tax Credits, how are they calculated?” There’s actually two benchmarks, the first one is the employee has to work a minimum of 120 hours and qualify for one of the targeted groups. If they Read more about WOTC Tax Credit Calculator – How to Estimate Your Potential Tax Credits[…]

WOTC Tax Credit iRecruit

Does iConnect include Work Opportunity Tax Credit Screening?

  Does iConnect include Work Opportunity Tax Credit Screening? “WOTC” or the Work Opportunity Tax Credit is available to all iRecruit customers. The Work Opportunity Tax Credit is a federal tax credit available to employers who hire individuals from target groups who have faced significant barriers to employment. Target groups include individuals on SNAP benefits, Read more about Does iConnect include Work Opportunity Tax Credit Screening?[…]

WOTC Tax Credit iRecruit

Making WOTC a Part of Your Onboarding Process

At iRecruit, we hear from people who visit our website all the time who tell us that when it comes to the Work Opportunity Tax Credit, it “takes too much time to manage.” Or “there’s too many rules to follow.” It’s true, Work Opportunity Tax Credit screening can be intimidating. That’s where we come in. Read more about Making WOTC a Part of Your Onboarding Process[…]

WOTC Tax Credit iRecruit

Three Things Employers Don’t Know About the Work Opportunity Tax Credit

The Work Opportunity Tax Credit known as #WOTC is a federal tax credit available to employers who hire individuals from disadvantaged groups of workers. So what does CMS know about WOTC, that most employers don’t? WOTC only applies to New Hires, No Rehires are Eligible. The bottom line is, if you don’t screen your new Read more about Three Things Employers Don’t Know About the Work Opportunity Tax Credit[…]

WOTC Tax Credit iRecruit

What is Work Opportunity Tax Credit Screening?

 The Work Opportunity Tax Credit known as #WOTC is a federal tax credit available to employers who hire individuals from disadvantaged groups of workers. When you include WOTC Screening with iRecruit, it can save your company significant amounts of money. WOTC Screening is used to determine if a new hire is a member of Read more about What is Work Opportunity Tax Credit Screening?[…]

WOTC Tax Credit iRecruit

An Introduction to the Work Opportunity Tax Credit

By taking advantage of the Work Opportunity Tax Credit, CMS can find your organization significant savings. Between 8-15% of New Hires may fall into one of 10 qualifying categories for WOTC. This can make you eligible to receive a tax credit of between $2,400 and $9,600 depending on the qualifying category. What is WOTC? Giving Read more about An Introduction to the Work Opportunity Tax Credit[…]

WOTC Tax Credit iRecruit

Introduction to the Work Opportunity Tax Credit [Video]

Did you know 10-15% of all your new hires may make your company eligible for a tax credit? If they fall under one of ten target groups of individuals who typically face barriers to finding employment, you may be eligible for a tax credit of $2,400. iRecruit, can provide this integrated Work Opportunity Tax Credit Read more about Introduction to the Work Opportunity Tax Credit [Video][…]

WOTC Tax Credit iRecruit

Is it Worth it to do the Work Opportunity Tax Credit?

At iRecruit, we’re often asked the question “Is it Worth it for us to do the Work Opportunity Tax Credit?” There is certainly a lot of value in this Federal Tax Credit available to employers that hire individuals from disadvantaged groups of workers that have historically faced barriers to finding employment. Typically, each year $3.5 Read more about Is it Worth it to do the Work Opportunity Tax Credit?[…]

WOTC Tax Credit iRecruit

Work Opportunity Tax Credit Calculator

The Work Opportunity Tax Credit known as #WOTC is a federal tax credit available to employers who hire individuals from disadvantaged groups of workers that have historically faced barriers to finding employment. Including WOTC Screening with iRecruit can save an employer significant amounts of money. How to Calculate Your Potential WOTC Savings Enter the number Read more about Work Opportunity Tax Credit Calculator[…]

WOTC Tax Credit iRecruit

How Does the Work Opportunity Tax Credit Work?

The Work Opportunity Tax Credit known as #WOTC is a federal tax credit available to employers who hire individuals from disadvantaged groups of workers. Including WOTC Screening with iRecruit can save an employer significant amounts of money. How Does the Work Opportunity Tax Credit Work? WOTC starts with a screening process to determine if any Read more about How Does the Work Opportunity Tax Credit Work?[…]