WHAT IS WOTC (WORK OPPORTUNITY TAX CREDIT)?
The Work Opportunity Tax Credit (WOTC) is a Federal tax credit available to employers for hiring individuals from certain target groups who have consistently faced significant barriers to employment.
Who’s Eligible?
- Unemployed Veterans
- Temporary Assistance for Needy Family (TANF) Recipients
- Food Stamps (SNAP) Recipients
- Vocational Rehabilitation Referred Individuals
- Ex-Felons
- Supplement Security Income Recipients
- Summer Youth Employees (living Empowerment Zones)
HOW DOES EFFICIENT WOTC SCREENING & PROCESSING HELP YOU ACHIEVE MAXIMUM CREDITS?
The WOTC Processing module ensures your candidates and hires are screened 100% of the time. Completely integrated into the application and/or on-boarding process, every candidate and employee will complete the WOTC questionnaire. We automatically determine eligibility for each candidate eliminating paperwork for ineligible candidates and generating the appropriate logic based questions for eligible candidates. Our processing team picks up the process after the paperwork is approved according to your workflow. Paperwork is submitted on your behalf to the appropriate state. Through the use of real time dashboards and reports see the progress of each submission from start to finish. You supply the wages and hours – we do the rest.
If you are interested in how CPC can help you earn money for hiring employees. Give us a call today at (800) 728-0887 or reply to this email with your name, phone number, and email address and we can set up a meeting.