The Work Opportunity Tax Credit:

On September 19, the Internal Revenue Service (“IRS”) updated the information on the Work Opportunity Tax Credit (“WOTC”). The WOTC is available to employers that hire workers from pre-designated categories who face significant barriers to employment. Through the WOTC employers can earn a federal tax credit between $1,200 and $9,600 per employee.   The update […]
Read more

Employers Should Take Advantage of This Tax Credit to Combat Employment Struggles

Ahead of tomorrow’s July Job Reports from the Bureau of Labor Statistics, concerns are looming over global recession and economic crisis fears. Although unemployment rates have been steadily recovering since the height of the Covid-19 pandemic, employers and employees alike are still facing difficulties in maintaining consistency and security in employment. Fortunately for employers, and members of […]
Read more