Work Opportunity Tax Credit (WOTC)

Ongoing federal income tax credit that was put in place to encourage employers to hire from targeted demographic groups.

The Work Opportunity Tax Credit, or WOTC, is an ongoing federal income tax credit that was put in place to encourage employers to hire from certain targeted demographic groups, including:

This tax credit only requires the applicant to complete two short forms to determine their eligibility, and we take it from there! The WOTC program is federal but administered by each state’s workforce agency (SWA) which makes the final determination to certify or deny the tax credit.

Important: This tax credit only requires the applicant to complete two short forms to determine their eligibility, and we take it from there! The WOTC program is federal but administered by each state’s workforce agency (SWA) which makes the final determination to certify or deny the tax credit.

The WOTC program not only creates a positive impact on the nation's unemployment levels, but also affords business owners the incredible opportunity to earn between $2,400 and $9,600 for each eligible new hire. Every year, employers claim over one billion dollars in tax credits under the WOTC program!

See If Your Business Qualifies

Important Links

https://www.dol.gov/agencies/eta/wotc

https://www.irs.gov/businesses/small-businesses-self-employed/work-opportunity-tax-credit

https://www.investopedia.com/work-opportunity-tax-credit-definition-5080842

See If Your Business Is Qualified: