Did you know that last year the state of Washington issued 39,027 Work Opportunity Tax Credit certifications? The Work Opportunity Tax Credit, known as WOTC, is a federal tax incentive designed to help people with barriers to employment into the workplace. By hiring someone from a Target Group, your company may be eligible for a tax[…]
In 2023 the nation’s capital, Washington, DC issued 2,517 Work Opportunity Tax Credit certifications. The Work Opportunity Tax Credit, known as WOTC, is a federal tax credit available to employers who hire individuals from target groups, that include qualified Veterans, individuals on food stamps and more. The Work Opportunity Tax Credit is available throughout the United States,[…]
In 2023 the state of Washington issued 31,416 Work Opportunity Tax Credit certifications. The Work Opportunity Tax Credit, known as WOTC, is a federal tax credit available to employers who hire individuals from target groups, that include qualified Veterans, individuals on food stamps and more. The Work Opportunity Tax Credit is available throughout the United States, and[…]
The state of Washington Employment Security Department reports that Washington employers earned a record of $82 Million in federal tax credits in 2013. The Work Opportunity Tax Credit is an incentive for employers who hire military veterans, the disabled, ex-inmates, SNAP (food stamp) and welfare recipients and individuals receiving Supplemental Security Income. The tax credit[…]
States are reporting big numbers for the 2011 Work Opportunity Tax Credit. In Illinois businesses reportedly hired over 27,000 new employees through the federal tax credit in 2011. The state of Washington is also reporting that businesses in that state received a record $56 million tax break in 2011. Washington’s Employment Security agency received more[…]