Staffing Tax Credits | WOTC Tax Credits - PowerPoint PPT Presentation

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Staffing Tax Credits | WOTC Tax Credits

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WOTC is a Federal tax credit available to employers who hire and retain veterans and individuals from other target groups with significant barriers to employment. Employers claim about $1 billion in tax credits each year under the WOTC program. There is no limit on the number of individuals an employer can hire to qualify to claim the tax credit, and there are a few simple steps to follow to apply for WOTC. – PowerPoint PPT presentation

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Title: Staffing Tax Credits | WOTC Tax Credits


1
6789193964
www.wotctax.com
2
Because we work on a contingency basis,
clients pay only when results are realized.
3
WOTC is a Federal tax credit available to
employers who hire and retain veterans
and individuals from other target groups with
significant barriers to employment.
Employers claim about 1 billion in tax credits
each year under the WOTC program. 
4
The tax credit employers can claim depends on the
target group of the individual hired, the wages
paid to that individual in the first year of
employment, and the number of hours that
individual worked. There is also a maximum tax
credit that can be earned.
5
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.
6
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.
7
Tax Alternatives constantly monitors government
tax credit programs, which can change regularly.
Knowledge of current laws maximizes the best
results for your company.
8
Alternative Tax Credit LLC 250 Yonge Street
Suite 2201Toronto, ON M5B 2L7 Canada
6789193964
www.wotctax.com
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