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Work Opportunity Tax Credit
Our proven systems and expertise will maximize your Work Opportunity Tax Credit earnings. The Work Opportunity Tax Credit was reauthorized by Congress in December of 2006 and currently is comprised of 9 groups:
  1. Recipients of temporary Assistance for Needy families (TANF)
  2. Veterans receiving Disability or Food Stamps
  3. Economically disadvantaged ex-Felons
  4. Empowerment Zone, Enterprise Community or Rural Renewal County residents under the age of 40
  5. Vocational Rehabilitation referrals
  6. Empowerment Zone and Enterprise Community residents aged 16-17 working a summer job
  7. Food Stamp recipients under the age of 40
  8. Supplemental Security Income (SSI) recipients
  9. Long Term family Assistance Recipients (formerly Welfare to Work)
 The Work Opportunity Tax Credit Incentive
The following chart explains the incentive your company would receive for hiring an eligible applicant:

ProgramCredit AmountMaximum CreditQualifying HoursTime Frame
WOTC40% of first $6,000$2400.001201 year (rolling)
Long Term Assistance (Year 1)40% of first $10,000$4000.004001 year (rolling)
Long Term Assistance (Year 2)50% of first $10,000$5000.004001 year (rolling)

Note: The WOTC program offers a 25% tax credit for employees that complete 120 but less than 400 hours of service.

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