At CMS, as Work Opportunity Tax Credit “WOTC” subject matter experts and service providers since 1997, we receive a lot of questions via our website and through the webcasts we attend. This week’s WOTC Question comes from one of our recent webinars:
What is the benefit to the employee?
CMS says: This is actually a pretty common question. In fact, a lot of job applicants also contact us to ask this very question. The Work Opportunity Tax Credit only goes to the employer, and is not shared with the employee. The Work Opportunity Tax Credit (WOTC) was designed to encourage employers to hire individuals from the target groups. The main benefit for the employee is to gain employment.
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See all the WOTC Questions or our WOTC F.A.Q.