Putting the WOTC to work for you
$225.00
Description
Abstract: One financial tool that contractors often overlook is the Work Opportunity Tax Credit (WOTC) — a tax break available to companies that hire workers from certain disadvantaged groups. The WOTC has been around for years, but last year’s stimulus legislation expanded the list of targeted groups to include “unemployed veterans” and “disconnected youth.” This article looks at details of the credit and how to apply, while a sidebar discusses the Hiring Incentives to Restore Employment (HIRE) Act of 2010, a tax break for hiring and retaining workers.
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