Tax Credit Potential Savings The WOTC Program The work opportunity tax credit program (WOTC) was developed as a partnership between the U.S. Department of Labor and the IRS. WOTC provides employers an opportunity to earn tax credits for hiring individuals from federally recognized target groups that typically have high unemployment rates. Earned tax credits are […]

Companies benefiting from WOTC savings have always been frustrated by the inability of Congress to pass WOTC for more than a year or two at a time, usually well after its official sunset.  Although WOTC has now been around for more than 20 years since the first legislation took effect on October 1, 1996, it […]

FAILURE TO ENACT HEALTHCARE REFORM KEEPS THE DOOR OPEN …to saving your company money. Companies with at or below minimum wage earners with a health insurance plan can provide enhanced healthcare benefits to qualified employees while both cutting healthcare costs and avoiding ACA fines for healthcare non-compliance. The failure of Congress to enact Healthcare reform […]