New York lawmakers are advocating for the inclusion of a state-level Work Opportunity Tax Credit (WOTC) in the upcoming fiscal budget, proposing a $90 million
The Work Opportunity Tax Credit is a federal tax relief program encouraging employers to hire individuals from targeted groups facing significant barriers to employment. The
As the year draws to a close, staffing firms have an opportunity to optimize tax credit strategies and prepare for a financially successful 2025. Strategic
Claiming tax credits can be particularly complex for staffing firms, given the mix of full-time, part-time, temporary, and temp-to-hire employees. The administrative effort required—managing detailed
The bipartisan introduction of the Improve and Enhance the Work Opportunity Tax Credit (WOTC) Act (S. 5370) by Senators Bill Cassidy (R-LA) and Maggie Hassan
Meeting tax credit deadlines is essential to capturing valuable savings. Two key credits, the Work Opportunity Tax Credit (WOTC) and the Empowerment Zone Employment Credit