What is WOTC?
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.
How does WOTC Work?