Tax Credit Group Helps Employers Claim Up To $9,600 Per Eligible Employee Through The Work Opportunity Tax Credit (WOTC) Program We have been helping companies identify thousands of dollars in tax credits through programs like the WOTC.” — Jaret Loney, Tax Credit Group DAVENPORT, IA, UNITED STATES, March 2, 2023 / EINPresswire.com / — Tax Credit Group helps companies leverage important tax credits to manage a healthy and successful business. Business owners are able to add staff, grow their business and take advantage of available tax incentives by working with a tax credit advisor that can help identify tax savings. One such incentive is the Work Opportunity Tax Credit (WOTC), a federal tax credit for employers that hire individuals from specific groups that have historically faced barriers to employment. According to the U.S. Small Business Administration , approximately $1 billion in tax credits are claimed each year under the WOTC. To be eligible, employers must apply for and receive a certification verifying the new hire is a member of a targeted group before they can claim the tax credit. After the required certification is secured, taxable employers claim the WOTC as a general business credit against their income taxes, […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
