WHAT IS WORKER’S OPPORTUNITY TAX CREDIT [WOTC]
Keeping clients informed of new or expanded Federal tax programs is very important to us. We’ve identified a tax credit that most business like yours immediately qualifies for.
This program falls under the Worker’s Opportunity Tax Credit (WOTC), and is a Federal tax credit available to all employers who hire and retain qualified individuals. Employers currently claim about $1 billion in credits each year under the WOTC program. The average credit per qualified employee is $2,400 and can be as much as $9,600.
Some of our clients are familiar with the WOTC program and it’s benefits but have not taken advantage of it due to it’s historically difficult qualification process. Companies that are wishing to remain competitive with some of the major providers that offer WOTC to their clients can use our platform to do so without any cost to themselves. We’ve eliminated all difficulties of this process with the creation of our exclusive Client Portal. We’ve provided you an easy way to pre-qualify and capture your tax credits.
If you’re wondering “if” you qualify, the answer is ANY business that hires employees qualifies.