Just what the heck is W.O.T.C. and can I use it in my US business?

WOTC allows employers to claim a credit against their federal income tax liabilities for qualified employees. 

WOTC can also be used to offset AMT (Alternative Minimum Tax). Employers generally can earn a tax credit equal to 25% or 40% of a new employee’s first-year wages, up to the maximum for the target group to which the employee belongs. 

The average benefit per employee is $2,400.00 and can be as much as $9600.00.

That means potentially 10 qualified employees could yield a federal income tax credit between $24K – $96K. 

Additionally, WOTC credits may be carried back one year and carried forward 20 years.

Simply put, the WOTC reduces an employer’s cost of doing business and turns Human Resources into a profit center.  

www.yourwotc.com