Work Opportunity Tax Credit extended through 2025

Are you a business owner thinking about hiring? There is good news in that a recent law extended a credit for hiring individuals from one or more targeted groups. Employers can qualify for a tax credit known as the Work Opportunity Tax Credit (WOTC) that’s worth as much as $2,400 for each eligible employee ($4,800, […]

Work Opportunity Tax Credit extended through 2020

If you’re a business owner, be aware that a recent tax law extended a credit for hiring individuals from one or more targeted groups. Employers can qualify for a valuable tax credit known as the Work Opportunity Tax Credit (WOTC). The WOTC was set to expire on December 31, 2019. But a new law passed […]

Continue to file for Work Opportunity Tax Credits

Congress has not extended the Work Opportunity Tax Credits (WOTC) to new hires in 2015. However, because Congress has historically extended these tax credits, we encourage employers to continue to submit the paperwork for certification for each new hire. Companies have missed out on possible Work Opportunity Tax Credits by not continuing to file the […]