Understanding the Work Opportunity Tax Credit (WOTC): A Win-Win for Employers and Job Seekers
The Work Opportunity Tax Credit (WOTC) is a federal hiring incentive that rewards employers for hiring individuals from specific target groups who face barriers to employment. This article explains how WOTC works, which employees qualify, how much employers can save, and why the application process—while valuable—can be time-consuming if handled manually. Learn how your business…