Maximize Your Employment Tax Credits and WOTC with These Tips
Tuesday, June 04, 2019
Employment tax credits, particularly the Work Opportunity Tax Credit (WOTC) program, can be extremely lucrative for employers who meet optimal criteria for these programs. Between state credits and WOTC, there are many opportunities for employers in a variety of industries to significantly improve their bottom lines through these credits. However, applying for and recouping these credits can be an overwhelming process as deadlines are short to submit information. Additionally, identifying new hires who qualify can be difficult. To improve your experience and maximize these credits to your advantage as an employer, it is key you identify if you qualify, understand your target groups, optimize parallel credits and find a provider partner to help streamline the process.