As a staffing firm owner, you are constantly balancing profitability, compliance, and operational efficiency. With hiring demands increasing and margins tightening, every financial advantage matters.
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