Empower A Diverse Workforce With The Work Opportunity Tax Credit Program

Organizations that administer the WOTC program not only have an opportunity to reduce their tax liability, but they can also diversify their workforce. Read More

Honor Military Veterans By Hiring Them

Veteran’s Day is a time to take stock of how fortunate we are to live in a country with extensive freedoms, and how fortunate we are to have brave men and women who, generation after generation, step forward to willingly put their lives on the line to… Read More

Diversify Your Workforce and Increase Your Bottom Line with WOTC

As organizations continue to look for ways to diversify their workforce, they should take note of an excellent cost-saving service known as the Work Opportunity Tax Credit (WOTC). What is WOTC? The WOTC program is simple. The government-sponsored program incentivizes companies to employ historically… Read More

WOTC Could See New Military Spouse Target Group

A proposed bill aimed at introducing a new Work Opportunity Tax Credit (WOTC) target group is currently working its way through the legislature. HR 2974, known more commonly as the Military Spouse Hiring Act would amend WOTC to… Read More

IRS Issues Hurricane Ida WOTC Tax Relief in 5 States

In light of Hurricane Ida, the IRS has provided tax relief to employers in FEMA-declared disaster areas including the entire state of Louisiana, and certain areas in Mississippi, New Jersey, New York, and Pennsylvania. The IRS tax relief extends the 28-day deadline for submitting… Read More

Infrastructure Bill Ends Employee Retention Credit Early

Yesterday President Biden signed the long-debated Infrastructure Bill into law. Along with significant changes to our nation’s roadways and transit, the bill hosts a number of new changes, including an early end to the Employee Retention Credit. The $1.2 trillion… Read More

IRS Releases WOTC Transition Relief for Select Employers

The IRS recently issued transition relief for certain employers administering the Work Opportunity Tax Credit (WOTC) program. IRS Notice 2021-43 extends the typical 28-day time frame for submitting a certification request to a designated State Workforce Agency (SWA). Read More

The Employee Retention Credit Could End Next Month

A $1.2 trillion bill passed in the Senate last week and is now making its way through the House of Representatives for review. Included in the package are terms and conditions pertaining to the Employee Retention Credit. The bill officially titled the… Read More

Everything you Need to Know About The Latest WOTC TEGL

Earlier this year the Department of Labor issued a Training and Employer Guidance Letter (TEGL) regarding the Work Opportunity Tax Credit (WOTC). The TEGL reiterates how employers and state workforce agencies (SWAs) should proceed with administering the WOTC program and its related processes. The… Read More

WOTC Program Reauthorized and Extended Through 2025

Earlier this year the federal Work Opportunity Tax Credit (WOTC) program received an extension through December 31, 2025.  The Consolidated Appropriation Act, 2021 (CAA) reauthorized the WOTC program and ensures that employers administering the program will continue to be able to earn up to… Read More