WOTC is a Federal tax credit available to employers who hire and retain veterans and individuals from other target groups with significant barriers to employment. Employers claim about $1 billion 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 the tax credit, and there are a few simple steps to follow to apply for WOTC.
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Business
Staffing Tax Credits | WOTC Tax Credits
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6789193964
www.wotctax.com
Because we work on a contingency basis, clients
pay only when results are realized.
WOTC is a Federal tax credit available to employers who hire and retain veterans and
individuals from other target groups with significant barriers to employment. Employers
claim about $1 billion in tax credits each year under the WOTC program.
The tax credit employers can claim depends on the target group of the individual hired,
the wages paid to that individual in the first year of employment, and the number of
hours that individual worked. There is also a maximum tax credit that can be earned.
WOTC helps targeted workers move from economic dependency into self-sufficiency
as they earn a steady income and become contributing taxpayers, while participating
employers are able to reduce their income tax liability.
Tax Alternatives manages these complex and time-consuming tasks efficiently
while being considerate of our clients’ busy schedules.
We strive to minimize the impact on your valuable time.
Tax Alternatives constantly monitors government tax credit programs, which can change
regularly. Knowledge of current laws maximizes the best results for your company.
6789193964
www.wotctax.com
Alternative Tax Credit LLC
250 Yonge Street Suite 2201
Toronto, ON M5B 2L7 Canada
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