Basic Facts about Government Tax Incentives:

• Provides a Federal tax credit to employers who hire individuals from target groups.
• Earn up to $9,000 per employee under Work Opportunity Tax Credit (WOTC) guidelines.
• Depending on the structure of the organization, the credits can be passed through to the owners/partners personal income taxes.
• Tax credits can be carried back one year and/or forward for up to 20 years.
• More than 50% of Fortune 1000 companies participate in various tax incentives.
• Federal tax credits may also “piggyback” many State taxes.
• There is no limit to the number of new hires who can qualify an employer for the tax savings.
• Reduces the cost of doing business.
• Significantly increases your bottom line.
• No changes to your existing hiring practices.
• Employees may already be on your payroll.