What is W.O.T.C. and how can it help your business prosper?

WOTC is a financial incentive to employ people from target groups.  The tax credit also gives you an opportunity to reduce the unemployment rate while diversifying your business.

The Work Opportunity Tax Credit is tax credit available from the federal government. You might be able to receive the tax credit when you hire an employee from a “target group.”

Target groups are certain groups of people who face barriers when seeking employment. There are currently nine target groups:

*Veterans
*TANF Recipients
*SNAP Recipients
*Designated Community Residents living in Empowerment Zones or Renewal Communities
*Vocational Rehabilitation Referrals
*Ex-felons
*Supplemental Security Income (SSI) Recipients
*Summer Youth Employees living in Empowerment Zones
*Qualified Long-Term Unemployment Recipients

To see what your potential tax credits could be, visit  www.YourWotc.com