We provide professional, expert service that helps your company maximize Work Opportunity Tax Credit benefits while positively impacting your community.
The Work Opportunity Tax Credit (WOTC) is a federal program that offers employers substantial tax credits for hiring individuals from designated groups facing employment barriers.
This program not only reduces your tax liability but also promotes workforce diversity and economic growth in your community. The credit ranges from $1,200 to $9,600 per qualifying new employee.
By hiring from these groups, you’re not just saving on taxes – you’re providing valuable opportunities to:
Claiming WOTC credits involves certifying that your new hire belongs to one of the above targeted groups. This requires completing IRS Form 8850 and ETA Form 9061, and submitting these forms with supporting documentation to the state workforce agency within 28 days of the employee’s start date.
Business Consulting Concepts manages this entire process, ensuring all forms are completed and submitted accurately and on time for our clients, allowing you to focus on integrating your new team members.
With nearly 30 years of experience, Business Consulting Concepts offers unparalleled experience in the WOTC program. Unlike large, generic providers that offer a one-size-fits-all solution, we specialize in obtaining the ‘hard-to-get’ tax credits while helping you foster diversity and inclusion in your local economy.
– JERRY
And make a positive impact in your community. Let’s work together to build a stronger, more inclusive workforce while improving your bottom line.
