Work Opportunity Tax Credit
The Work Opportunity Tax Credit (WOTC) is a federal tax credit that encourages employers to hire from targeted groups of job seekers by reducing employers’ federal income tax liability by as much as $2,400 per qualified new worker. The WOTC is one incentive tool that provides a direct benefit to employers, while helping prepare workers for good jobs and creating more productive workplaces.
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The Work Opportunity Tax Credit (WOTC) is a federal tax credit that encourages employers to hire from targeted groups of job seekers by reducing employers’ federal income tax liability by as much as $2,400 per qualified new worker. The WOTC is one incentive tool that provides a direct benefit to employers, while helping prepare workers for good jobs and creating more productive workplaces.
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