Work Opportunity Tax Credit (WOTC)
A Win-Win for Employers and Employees
Hiring new team members is one of the most significant investments for any business, and the Work Opportunity Tax Credit (WOTC) is a federal incentive that can help make this process more affordable while also promoting a diverse and motivated workforce.
What is the WOTC?
The WOTC provides tax credits to employers who hire individuals from certain target groups, such as veterans, individuals with disabilities, and long-term unemployment recipients. These groups often face unique barriers in the job market, so hiring from them not only enriches your team but can also provide a valuable financial benefit.
Want to Learn More?
If you’d like to understand how the WOTC could specifically benefit your business, please reach out to Matt Holliday from MHOL Consulting. He can walk you through the eligibility requirements and assist with any questions about the process. Contact Matt at Mholliday@mholconsulting.com or 585-737-7160.
