Washington businesses earned $66 million in WOTC tax credits
The state of Washington reports that employers in that state have received a record $66 million in work opportunity tax credits (WOTC) for the 2011 tax season. The Work Opportunity Tax Credit rewards employers who hire traditionally hard-to-place job seekers, including military veterans, the disabled, ex-inmates, food-stamp recipients and individuals who receive Supplemental Security Income. The tax credit can range from $2,400 to $9,600 for each eligible new hire.
Leyla Ramos: Veterans deserve more employment
When our veterans come home from war, they are greeted by “welcome home” signs, banners, applause, hugs and cheers. The popular line “Thank you for your service” is heard time and time again. During veteran-themed holidays such as Memorial and Veterans days, our nation’s heroes are honored by parades, store discounts and the occasional free meal. However, once the applause and banners are gone, our country’s veterans need more than a free meal. They need employment.
Bill would expand tax incentive for hiring ex-offenders
State Sen. Patricia Van Pelt’s campaign to put ex-offenders to work began almost a decade ago, when she was trying to figure out how to reverse blight in Chicago communities.
Upcoming Work Opportunity Tax Credit Webinars
Learn why there has never been a better time to take advantage of the Work Opportunity Tax Credits – WOTC with our WOTC expert Brian Kelly. Learn about new legislation, what’s upcoming and how much you could potentially save using the WOTC. Call CMS toll-free at 1-800-517-9099 or select a webinar via the link above to speak to a WOTC expert.
Call Now To Sign Up and Save
CMS has helped companies save money on new hires by maximizing tax credits available through the Work Opportunity Tax Credit since 1997. There’s never been a better time to start saving. Call today to speak to a tax credit expert 1-800-517-9099.