What is the Work Opportunity Tax Credit?
The Work Opportunity Tax Credit (WOTC) is a Federal tax credit available to employers for hiring individuals from certain target groups who have consistently faced significant barriers to employment.
What does WOTC do?
Decrease Income Tax Liability
WOTC helps targeted workers move from economic dependency into self-sufficiency as they earn a steady income and become contributing taxpayers, while participating employers are able to reduce their income tax liability.
Why Use Tax Alternatives?
The paperwork to claim available tax credits can be complex and time consuming—requiring numerous forms and supporting documentation for each individual employee included in the credit claim.
Tax Alternatives manages these complex and time-consuming tasks efficiently—while being considerate of our clients’ busy schedules. We strive to minimize the impact on your valuable time.
Tax Alternatives constantly monitors government tax credit programs, which can change regularly. Knowledge of current laws maximizes the best results for your company.