Employers claim about $1 billion in work opportunity tax credits each year under the WOTC program. There is no limit on the number of individuals an employer can hire to qualify to claim the tax credit. Tax credits can be up to $9,600 per new employee.
We offer a WOTC tax credit service that will help you maximize your claims. Our software and reporting dashboard makes it easy to identify and manage this underutilized opportunity.
Need help? Connect with our WOTC tax credit experts for more information.