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    0 Replies Latest reply on Jul 6, 2018 3:05 PM by wallmann

    Are small businesses and startups in the US aware of WOTC?

    wallmann Wayfarer

      This program falls under the Worker’s Opportunity Tax Credit (WOTC), and is a Federal tax credit available to all employers who hire and retain qualified individuals. Employers currently claim about $1 billion in credits each year under the WOTC program. The average credit per qualified employee is $2,400 and can be as much as $9,600.

       

      There is an easy way to pre qualify and capture these tax credits.

       

      ANY business that hires employees qualifies, even just one and seasonal workers qualify too.

       

      Have you heard of this tax credit before?

       

      I tested it and came up with $24,000 in federal tax credits to begin with!

       

      What were your numbers?