See How Much You Can Save With Work Opportunity Tax Credits (WOTC)
Work Opportunity Tax Credits (WOTC) filing can be complicated, but it doesn’t have to be. For high-turnover industries like cleaning and security that traditionally build their workforce around hourly employees, it’s common to hire individuals that qualify for Work Opportunity Tax Credits (WOTC). For companies with significant annual hiring volume, using these credits can help deduct tens of thousands of dollars annually from your taxable income.
Don’t believe us? See for yourself just how much estimated savings in tax credits you could be claiming in the free ROI calculator tool below.
TEAM Software is dedicated to ensuring our software solutions meet the ever-changing needs of our customers. We’re also continually working to bring you relevant content to help you manage your business better by taking advantage of programs like WOTC. While we’re committed to keeping you informed, it’s important to do your own research, and consult your own legal and tax advisors when necessary, too. For more information on the WOTC tax credit, visit the United States Department of Labor WOTC page.