First it is a Federal tax credit available to employers for hiring individuals from these groups:
*Unemployed Veterans (including disabled veterans) *Temporary Assistance for Needy Families (TANF) Recipients *Food Stamp (SNAP) Recipients *Designated Community Residents (living in Empowerment Zones or Rural Renewal Counties) *Vocational Rehabilitation Referred Individuals *Ex-Felons *Supplemental Security Income Recipients *Summer Youth Employees (living in Empowerment Zones) *Qualified Long-Term Unemployment Recipient
What are the the average tax benefits for employers?
Employers receive from $2400 - $9,600 in Federal tax credits for every employee hired.
How does a business start collecting these tax credits? They can go to www.yourwotc.com and choose the industry they are in and enter the estimated number of people they hire each year (even just one qualifies).
The benifts of this WOTC software:
*Screen Before Hiring *Real Time Reporting On Applicants *No Deep Dive To Try Us, Only Month-To-Month, No Contract *It Does 90% Of The Work *Start Today in Minutes
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