What is the Work Opportunity Tax Credit
The Work Opportunity Tax Credit (WOTC) is a Federal tax credit available to employers for hiring individuals from certain targeted groups such as Veterans, Disabled Veterans and other non-Veteran groups who have consistently faced significant barriers to employment.
WOTC joins other workforce programs that incentivize workplace diversity and facilitate access to good jobs for American workers.
Eligible employers can receive a federal tax credit ranging from $1,200 to $9,600 for each qualified employee hired under the WOTC program, or $9,000 over a two-year period for employees hired who were long-term public benefits recipients prior to hire.
Why Hire A Veteran
- Veterans value integrity and respect, which will enhance your winning team.
- They are responsible and understand accountability for both material and human resources.
- Veterans are often trained to be effective leaders.
- Many have completed technical training with mission-critical skills.
- Veterans are often calm under pressure, and handle stress in a positive way.
- They are typically punctual and respectful of time and deadlines.
- Many carry a positive attitude and maintain a first-class image. They dress for success.
- Veterans are a target group of the Work Opportunity Tax Credit for which your business may qualify for a dollar for dollar tax credit up to $9600 per Veteran hired.
Getting Started
Getting started is easy. Simply complete the registration, choose the level of services you desire to start claiming your Veteran Tax Credits today. There is no limit to the number of employees who qualify for the Veteran Tax Credits, so your business can benefit greatly by establishing a commitment to the program. Our team will partner with you and help you take advantage of these tax credits for hiring Veterans and other target groups, ultimately increasing your bottom line and filing valuable positions. This isn’t just a resource; it’s a partnership.