Tax credits
Tax Credits
Empower A Diverse Workforce With The Work Opportunity Tax Credit Program
With pressure rising for organizations to demonstrate authentic commitments to diversity, equity, and inclusion (DEI) in the workplace, one-way employers can expand their workforce community is through the Work Opportunity Tax Credit (WOTC) program. Diversify your workforce with WOTC The WOTC program incentivizes organizations to hire economically-disadvantaged individuals by reducing their tax obligations each year.…
Tax Credits
You Can Still Leverage the Employee Retention Credit
Even though it’s 2023, there’s still time to take advantage of the limited-time opportunity, Employee Retention Credit. The Employee Retention Credit is simple in concept. The refundable tax credit provides organizations impacted by COVID-19 with financial relief. For all of 2020, and three quarters of 2021, employers can earn up to $26,000 in tax credits,…