Work Opportunity Tax Credit

Both the federal and state governments offer tax credits for hiring ex-felons. The federal program, Work Opportunity Tax Credit (WOTC), offers a federal tax credit of up to $2,400 for each new hire.

For more information on this tax credit, please visit the United States Department of Labor website:

  • Work Opportunity Tax Credit Website – The Work Opportunity Tax Credit (WOTC) is a Federal tax credit incentive that the Congress provides to private-sector businesses for hiring individuals from nine target groups who have consistently faced significant barriers to employment.

 

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>