SlideShare a Scribd company logo
WORK OPPORTUNITY TAX CREDIT



    The Work Opportunity Tax Credit (WOTC) is a federal tax              Family Assistance and a second change was the creation
    credit that reduces the federal tax liability of private-for-        of the new Disabled Veteran target group that went into
    profit employers. Employers can hire from twelve differ-             effect May 25, 2007. On February 17th as part of the
    ent targeted groups:                                                 American Recovery and Reinvestment Act (ARRA) of
    ♦ Qualified Temporary Assistance to needy Families                   2009 two new categories were created Unemployed Vet-
         Recipients (TANF)                                               erans and Disconnected Youth.
    ♦ Qualified Veterans/Disabled Veterans
    ♦ Unemployed Veterans                                                The WOTC Program has been reauthorized until
    ♦ Qualified Ex-felons                                                August 31, 2011
    ♦ Qualified Designated Community Residents (DCR)
         residing in an Empowerment Zone (EZ), Renewal
         Community (RC), or in a Rural Renewal County (RRC)              What makes us so effective? Not only do we offer the
                                                                         screening tools and credit calculations, but in order for
    ♦ Qualified Vocational Rehabilitation Agency Referrals
                                                                         your company to maximize your potential benefit your tax
    ♦ Disconnected Youth                                                 partner must do more. That’s why we assist all of our
    ♦ Qualified Summer Youth (SY)                                        clients in the following areas:
    ♦ Qualified Food Stamp Recipients (FS)                               ♦ Customizable screening options which includes
    ♦ Qualified Supplemental Security Income Recipients                            ♦ Live operator phone screening
         (SSI)
                                                                                   ♦ Conventional paper screening
    ♦ Qualified Long-Term Family Assistance Recipients
                                                                         ♦ We help manage internal compliance
         (LTFAR)
                                                                                   ♦ Match screened new employees to actual new
    ♦ Hurricane Katrina Employee
                                                                                       hires.
    Maximum Credit Available                                                       ♦ Identify non-compliant areas, and work with
                                                                                       them to make them compliant
    ♦ $1,200 for each new Summer Youth* hired;
                                                                         ♦ Educate hiring managers about the credit
    ♦ $2,400 for each new Adult hired;
                                                                                   ♦ Make sure that supervisors are aware of em-
    ♦ $4,800 for each new Disabled Veteran hired; and
                                                                                       ployees eligibility so the company maximizes
    ♦ $9,000 for each new Long Term Family Assistance
                                                                                       the credit.
       Recipient hired over a two year period.
                                                                                   ♦ Identify how employer can target potentially
    *The credit is based on 40% of up to $6,000 in qualified                           certifiable job candidate pools.
    wages during the first year of employment. Summer                           COST-
                                                                         FOR A COST-FREE ANALYSIS ON WHETHER YOUR COMPANY
    Youth qualify for 40% of the first $3,000 in wages during                                                       (WOTC),
                                                                         QUALIFIES FOR WORK OPPORTUNITY TAX CREDITS (WOTC),
    the required working period of May 1 through September               PLEASE CONTACT:
    15.
                                                                         PayChoice Tax Incentives Department
    Minimum Employment or Retention Period                               TaxCredits@paychoice.com
    All new employees must work a minimum of 120 hours                   Or
    and individuals hired as Summer Youth employees must                 888-811-7988
    work at least 90 days, between May 1 and September
    15, before an employer is eligible to claim the tax credit.

    Recent program changes took place in 2007 that im-
    pacted multiple target groups. One such change was the
    consolidation of the Welfare-To-Work Tax credit program
    into the WOTC program to become known as Long-Term



TAX CREDIT SERVICES | ECONOMIC INCENTIVES | R & D TAX CREDIT | COST SEGREGATION | INCENTIVES MANAGEMENT | IC-DISC | PATENT SERVICES

More Related Content

What's hot

Incorporation of Company in Saif Zone Sharjah
Incorporation of Company in Saif Zone SharjahIncorporation of Company in Saif Zone Sharjah
Incorporation of Company in Saif Zone Sharjah
DVSResearchFoundatio
 
Dubai Tax Residency Certificate
Dubai Tax Residency Certificate Dubai Tax Residency Certificate
Dubai Tax Residency Certificate Intuit Consultancy
 
SET OFF AND CARRY FORWARD OF LOSSES
SET OFF AND CARRY FORWARD OF LOSSESSET OFF AND CARRY FORWARD OF LOSSES
SET OFF AND CARRY FORWARD OF LOSSES
Augustin Bangalore
 
New company registration in dubai
New company registration in dubaiNew company registration in dubai
New company registration in dubai
olivetreeconsultants
 
How to start a business in south africa
How to start a business in south africaHow to start a business in south africa
How to start a business in south africaDr Lendy Spires
 
INSZoom Immigration Conference 2016 - Immigration and Tax
INSZoom Immigration Conference 2016 - Immigration and TaxINSZoom Immigration Conference 2016 - Immigration and Tax
INSZoom Immigration Conference 2016 - Immigration and TaxINSZoom
 
New Zealand Trusts and Double Taxation Agreements Trusts and Trustees - March...
New Zealand Trusts and Double Taxation Agreements Trusts and Trustees - March...New Zealand Trusts and Double Taxation Agreements Trusts and Trustees - March...
New Zealand Trusts and Double Taxation Agreements Trusts and Trustees - March...
Cone Marshall
 
Set off and carry forward
Set off and carry forwardSet off and carry forward
Set off and carry forward
himanshu sharma
 
Ajman Free Zone executive office
Ajman Free Zone executive officeAjman Free Zone executive office
Ajman Free Zone executive office
qadirbhatti
 
Individual txation-fy-2020-21
Individual txation-fy-2020-21Individual txation-fy-2020-21
Individual txation-fy-2020-21
pathuriyakub
 
India Budget 2015 - Personal Income Tax Proposals
India Budget 2015 - Personal Income Tax ProposalsIndia Budget 2015 - Personal Income Tax Proposals
India Budget 2015 - Personal Income Tax ProposalsAmitabh Singh
 
A C C O U N T I N G A D J U S T M E N T S F O R F I N A N C I A L A N A L...
A C C O U N T I N G  A D J U S T M E N T S  F O R  F I N A N C I A L  A N A L...A C C O U N T I N G  A D J U S T M E N T S  F O R  F I N A N C I A L  A N A L...
A C C O U N T I N G A D J U S T M E N T S F O R F I N A N C I A L A N A L...Dr. Trilok Kumar Jain
 
Set off and carry forward losses
Set off and carry forward losses Set off and carry forward losses
Set off and carry forward losses
MACFAST
 
Deductions from gross total income
Deductions from gross total incomeDeductions from gross total income
Deductions from gross total income
Mohammed Umair
 
Income from other sources
Income from other sources Income from other sources
Income from other sources
Saffinacollmamsafina
 
Legal Issues for Tech Startups
Legal Issues for Tech StartupsLegal Issues for Tech Startups
Legal Issues for Tech Startups
Roger Royse
 
Set off and carry forward rules
Set off and carry forward rulesSet off and carry forward rules
Set off and carry forward rulesEqbal Habibi
 
24090395-PROJECT-ON-TATA-MOTORS
24090395-PROJECT-ON-TATA-MOTORS24090395-PROJECT-ON-TATA-MOTORS
24090395-PROJECT-ON-TATA-MOTORSLawi Anupam
 

What's hot (20)

Incorporation of Company in Saif Zone Sharjah
Incorporation of Company in Saif Zone SharjahIncorporation of Company in Saif Zone Sharjah
Incorporation of Company in Saif Zone Sharjah
 
Dubai Tax Residency Certificate
Dubai Tax Residency Certificate Dubai Tax Residency Certificate
Dubai Tax Residency Certificate
 
SET OFF AND CARRY FORWARD OF LOSSES
SET OFF AND CARRY FORWARD OF LOSSESSET OFF AND CARRY FORWARD OF LOSSES
SET OFF AND CARRY FORWARD OF LOSSES
 
New company registration in dubai
New company registration in dubaiNew company registration in dubai
New company registration in dubai
 
How to start a business in south africa
How to start a business in south africaHow to start a business in south africa
How to start a business in south africa
 
INSZoom Immigration Conference 2016 - Immigration and Tax
INSZoom Immigration Conference 2016 - Immigration and TaxINSZoom Immigration Conference 2016 - Immigration and Tax
INSZoom Immigration Conference 2016 - Immigration and Tax
 
New Zealand Trusts and Double Taxation Agreements Trusts and Trustees - March...
New Zealand Trusts and Double Taxation Agreements Trusts and Trustees - March...New Zealand Trusts and Double Taxation Agreements Trusts and Trustees - March...
New Zealand Trusts and Double Taxation Agreements Trusts and Trustees - March...
 
Set off and carry forward
Set off and carry forwardSet off and carry forward
Set off and carry forward
 
Ajman Free Zone executive office
Ajman Free Zone executive officeAjman Free Zone executive office
Ajman Free Zone executive office
 
Individual txation-fy-2020-21
Individual txation-fy-2020-21Individual txation-fy-2020-21
Individual txation-fy-2020-21
 
India Budget 2015 - Personal Income Tax Proposals
India Budget 2015 - Personal Income Tax ProposalsIndia Budget 2015 - Personal Income Tax Proposals
India Budget 2015 - Personal Income Tax Proposals
 
A C C O U N T I N G A D J U S T M E N T S F O R F I N A N C I A L A N A L...
A C C O U N T I N G  A D J U S T M E N T S  F O R  F I N A N C I A L  A N A L...A C C O U N T I N G  A D J U S T M E N T S  F O R  F I N A N C I A L  A N A L...
A C C O U N T I N G A D J U S T M E N T S F O R F I N A N C I A L A N A L...
 
Set off and carry forward losses
Set off and carry forward losses Set off and carry forward losses
Set off and carry forward losses
 
Deductions from gross total income
Deductions from gross total incomeDeductions from gross total income
Deductions from gross total income
 
Income from other sources
Income from other sources Income from other sources
Income from other sources
 
Legal Issues for Tech Startups
Legal Issues for Tech StartupsLegal Issues for Tech Startups
Legal Issues for Tech Startups
 
Set off and carry forward rules
Set off and carry forward rulesSet off and carry forward rules
Set off and carry forward rules
 
Salary
SalarySalary
Salary
 
British Petroleum Qatar. contract
British Petroleum Qatar. contractBritish Petroleum Qatar. contract
British Petroleum Qatar. contract
 
24090395-PROJECT-ON-TATA-MOTORS
24090395-PROJECT-ON-TATA-MOTORS24090395-PROJECT-ON-TATA-MOTORS
24090395-PROJECT-ON-TATA-MOTORS
 

Viewers also liked

Intro to Reading is Fun! Wiki
Intro to Reading is Fun! WikiIntro to Reading is Fun! Wiki
Intro to Reading is Fun! Wiki
The Dixie Grammar School Libraries
 
Manchhar lake an iba 2
Manchhar lake an iba 2Manchhar lake an iba 2
Manchhar lake an iba 2Saghir Ahmad
 
SalesLogix Dynamic Email Marketing
SalesLogix Dynamic Email MarketingSalesLogix Dynamic Email Marketing
SalesLogix Dynamic Email Marketing
Customer FX Corporation
 
2013 Full Year Results Snam
2013 Full Year Results Snam2013 Full Year Results Snam
2013 Full Year Results SnamSnam
 
Snam 2014 Interim Results
Snam 2014 Interim ResultsSnam 2014 Interim Results
Snam 2014 Interim Results
Snam
 
Practice Meditation , Steps of Meditation for Sportsman
Practice Meditation , Steps of Meditation for SportsmanPractice Meditation , Steps of Meditation for Sportsman
Practice Meditation , Steps of Meditation for Sportsmanbksportswing
 
Top 8 rehabilitation aide resume samples
Top 8 rehabilitation aide resume samplesTop 8 rehabilitation aide resume samples
Top 8 rehabilitation aide resume samplesbirichjom
 
Building effective and sustainable foundations to develop the full value of v...
Building effective and sustainable foundations to develop the full value of v...Building effective and sustainable foundations to develop the full value of v...
Building effective and sustainable foundations to develop the full value of v...
NCVO - National Council for Voluntary Organisations
 
Leptospirosis in Horses
Leptospirosis in HorsesLeptospirosis in Horses
Leptospirosis in Horses
Iowa State University
 
International symposium ict_education_report
International symposium ict_education_reportInternational symposium ict_education_report
International symposium ict_education_report
Stergios
 
Rte Lebranchu Compensation And Transient Studies Onalong Ehv Overheadline
Rte Lebranchu Compensation And Transient Studies Onalong Ehv OverheadlineRte Lebranchu Compensation And Transient Studies Onalong Ehv Overheadline
Rte Lebranchu Compensation And Transient Studies Onalong Ehv Overheadlinecorinne rocherieux
 
Inglese presentaz un tutor per amico giordani
Inglese presentaz un tutor per amico giordaniInglese presentaz un tutor per amico giordani
Inglese presentaz un tutor per amico giordani
gofarusr
 
Marselis 2014 Vegetation Structure mapping for forest fire research
Marselis 2014 Vegetation Structure mapping for forest fire researchMarselis 2014 Vegetation Structure mapping for forest fire research
Marselis 2014 Vegetation Structure mapping for forest fire research
Marta Yebra
 
นำเสนอจิตวิทยาดร.ชาติชาย
 นำเสนอจิตวิทยาดร.ชาติชาย นำเสนอจิตวิทยาดร.ชาติชาย
นำเสนอจิตวิทยาดร.ชาติชาย
Pat1803
 
Sound equipment list
Sound equipment  listSound equipment  list
Sound equipment list
TomCrook
 
Eshet & Geri Cnie 2008
Eshet & Geri   Cnie  2008Eshet & Geri   Cnie  2008
Eshet & Geri Cnie 2008jj_leggo
 
How Not to Suck at Social Media
How Not to Suck at Social MediaHow Not to Suck at Social Media
How Not to Suck at Social Media
Jon DiPietro
 

Viewers also liked (20)

Intro to Reading is Fun! Wiki
Intro to Reading is Fun! WikiIntro to Reading is Fun! Wiki
Intro to Reading is Fun! Wiki
 
Manchhar lake an iba 2
Manchhar lake an iba 2Manchhar lake an iba 2
Manchhar lake an iba 2
 
SalesLogix Dynamic Email Marketing
SalesLogix Dynamic Email MarketingSalesLogix Dynamic Email Marketing
SalesLogix Dynamic Email Marketing
 
2013 Full Year Results Snam
2013 Full Year Results Snam2013 Full Year Results Snam
2013 Full Year Results Snam
 
Snam 2014 Interim Results
Snam 2014 Interim ResultsSnam 2014 Interim Results
Snam 2014 Interim Results
 
Practice Meditation , Steps of Meditation for Sportsman
Practice Meditation , Steps of Meditation for SportsmanPractice Meditation , Steps of Meditation for Sportsman
Practice Meditation , Steps of Meditation for Sportsman
 
Top 8 rehabilitation aide resume samples
Top 8 rehabilitation aide resume samplesTop 8 rehabilitation aide resume samples
Top 8 rehabilitation aide resume samples
 
Building effective and sustainable foundations to develop the full value of v...
Building effective and sustainable foundations to develop the full value of v...Building effective and sustainable foundations to develop the full value of v...
Building effective and sustainable foundations to develop the full value of v...
 
Leptospirosis in Horses
Leptospirosis in HorsesLeptospirosis in Horses
Leptospirosis in Horses
 
International symposium ict_education_report
International symposium ict_education_reportInternational symposium ict_education_report
International symposium ict_education_report
 
Rte Lebranchu Compensation And Transient Studies Onalong Ehv Overheadline
Rte Lebranchu Compensation And Transient Studies Onalong Ehv OverheadlineRte Lebranchu Compensation And Transient Studies Onalong Ehv Overheadline
Rte Lebranchu Compensation And Transient Studies Onalong Ehv Overheadline
 
My Talking Pet
My  Talking  PetMy  Talking  Pet
My Talking Pet
 
For Men: Feel Good at Work Recommeded Buys
For Men: Feel Good at Work Recommeded BuysFor Men: Feel Good at Work Recommeded Buys
For Men: Feel Good at Work Recommeded Buys
 
Inglese presentaz un tutor per amico giordani
Inglese presentaz un tutor per amico giordaniInglese presentaz un tutor per amico giordani
Inglese presentaz un tutor per amico giordani
 
Ioannis ch.
Ioannis ch.Ioannis ch.
Ioannis ch.
 
Marselis 2014 Vegetation Structure mapping for forest fire research
Marselis 2014 Vegetation Structure mapping for forest fire researchMarselis 2014 Vegetation Structure mapping for forest fire research
Marselis 2014 Vegetation Structure mapping for forest fire research
 
นำเสนอจิตวิทยาดร.ชาติชาย
 นำเสนอจิตวิทยาดร.ชาติชาย นำเสนอจิตวิทยาดร.ชาติชาย
นำเสนอจิตวิทยาดร.ชาติชาย
 
Sound equipment list
Sound equipment  listSound equipment  list
Sound equipment list
 
Eshet & Geri Cnie 2008
Eshet & Geri   Cnie  2008Eshet & Geri   Cnie  2008
Eshet & Geri Cnie 2008
 
How Not to Suck at Social Media
How Not to Suck at Social MediaHow Not to Suck at Social Media
How Not to Suck at Social Media
 

Similar to Wotc Pc

Tag0529 Recruiting No Ben Ga
Tag0529 Recruiting No Ben GaTag0529 Recruiting No Ben Ga
Tag0529 Recruiting No Ben Ga
insuredbyrich
 
PPP Loan Forgiveness Presentation
PPP Loan Forgiveness PresentationPPP Loan Forgiveness Presentation
PPP Loan Forgiveness Presentation
GeorgiaPinner
 
Asc 2.7
Asc 2.7Asc 2.7
Asc 2.7
kmurray1120
 
Hiring Tax Credits
Hiring Tax CreditsHiring Tax Credits
Hiring Tax Creditskbrice
 
WORK OPPORTUNITY TAX CREDIT: HOW EMPLOYERS CAN MAXIMIZE HIRING INVESTMENT
WORK OPPORTUNITY TAX CREDIT: HOW EMPLOYERS CAN MAXIMIZE HIRING INVESTMENTWORK OPPORTUNITY TAX CREDIT: HOW EMPLOYERS CAN MAXIMIZE HIRING INVESTMENT
WORK OPPORTUNITY TAX CREDIT: HOW EMPLOYERS CAN MAXIMIZE HIRING INVESTMENT
Cost Management Services
 
Business Hiring Tax Credits Oct 2010
Business Hiring Tax Credits  Oct 2010Business Hiring Tax Credits  Oct 2010
Business Hiring Tax Credits Oct 2010
hong_nona
 
Eo Presentation - CA Enterprise Tax Zones Benefits
Eo Presentation - CA Enterprise Tax Zones BenefitsEo Presentation - CA Enterprise Tax Zones Benefits
Eo Presentation - CA Enterprise Tax Zones Benefits
markfriedler
 
TaxBreak, LLC Case Studies
TaxBreak, LLC Case StudiesTaxBreak, LLC Case Studies
TaxBreak, LLC Case Studies
jccargill
 
Webinar - Changing face of SMSF - June 2014
Webinar - Changing face of SMSF - June 2014Webinar - Changing face of SMSF - June 2014
Webinar - Changing face of SMSF - June 2014
The SMSF Academy Pty Ltd
 
MHA Housing Power Point
MHA Housing Power PointMHA Housing Power Point
MHA Housing Power Point
Antolduvai
 
ERC.pdf
ERC.pdfERC.pdf
Wealth Today Snapshot
Wealth Today SnapshotWealth Today Snapshot
Wealth Today Snapshot
Bostonthedog
 
PPT-IBC_Opportunities _for _CMAs_legal_ppt
PPT-IBC_Opportunities _for _CMAs_legal_pptPPT-IBC_Opportunities _for _CMAs_legal_ppt
PPT-IBC_Opportunities _for _CMAs_legal_ppt
ssuser58341c
 
Disaster relief puerto rico employee retention credit final 6-21-2018
Disaster relief   puerto rico employee retention credit final 6-21-2018Disaster relief   puerto rico employee retention credit final 6-21-2018
Disaster relief puerto rico employee retention credit final 6-21-2018
Debera Salam, CPP
 
Investor deck June 5, 2019 LD Micro Conference
Investor deck June 5, 2019 LD Micro ConferenceInvestor deck June 5, 2019 LD Micro Conference
Investor deck June 5, 2019 LD Micro Conference
Robert Grosshandler
 
Qualified sick pay plan presentation
Qualified sick pay plan presentationQualified sick pay plan presentation
Qualified sick pay plan presentation
Van Richards
 
sovereignbank Q1_Q2_2006
sovereignbank Q1_Q2_2006sovereignbank Q1_Q2_2006
sovereignbank Q1_Q2_2006finance47
 
Is An IPP Right For You
Is An IPP Right For YouIs An IPP Right For You
Is An IPP Right For YouMarc Latta
 
Staying compliant in Canada: A discussion of the rules that govern HRM consid...
Staying compliant in Canada: A discussion of the rules that govern HRM consid...Staying compliant in Canada: A discussion of the rules that govern HRM consid...
Staying compliant in Canada: A discussion of the rules that govern HRM consid...
BurCom Consulting Ltd.
 

Similar to Wotc Pc (20)

Tag0529 Recruiting No Ben Ga
Tag0529 Recruiting No Ben GaTag0529 Recruiting No Ben Ga
Tag0529 Recruiting No Ben Ga
 
PPP Loan Forgiveness Presentation
PPP Loan Forgiveness PresentationPPP Loan Forgiveness Presentation
PPP Loan Forgiveness Presentation
 
Asc 2.7
Asc 2.7Asc 2.7
Asc 2.7
 
Hiring Tax Credits
Hiring Tax CreditsHiring Tax Credits
Hiring Tax Credits
 
WORK OPPORTUNITY TAX CREDIT: HOW EMPLOYERS CAN MAXIMIZE HIRING INVESTMENT
WORK OPPORTUNITY TAX CREDIT: HOW EMPLOYERS CAN MAXIMIZE HIRING INVESTMENTWORK OPPORTUNITY TAX CREDIT: HOW EMPLOYERS CAN MAXIMIZE HIRING INVESTMENT
WORK OPPORTUNITY TAX CREDIT: HOW EMPLOYERS CAN MAXIMIZE HIRING INVESTMENT
 
Business Hiring Tax Credits Oct 2010
Business Hiring Tax Credits  Oct 2010Business Hiring Tax Credits  Oct 2010
Business Hiring Tax Credits Oct 2010
 
Eo Presentation - CA Enterprise Tax Zones Benefits
Eo Presentation - CA Enterprise Tax Zones BenefitsEo Presentation - CA Enterprise Tax Zones Benefits
Eo Presentation - CA Enterprise Tax Zones Benefits
 
TaxBreak, LLC Case Studies
TaxBreak, LLC Case StudiesTaxBreak, LLC Case Studies
TaxBreak, LLC Case Studies
 
Webinar - Changing face of SMSF - June 2014
Webinar - Changing face of SMSF - June 2014Webinar - Changing face of SMSF - June 2014
Webinar - Changing face of SMSF - June 2014
 
MHA Housing Power Point
MHA Housing Power PointMHA Housing Power Point
MHA Housing Power Point
 
ERC.pdf
ERC.pdfERC.pdf
ERC.pdf
 
Wealth Today Snapshot
Wealth Today SnapshotWealth Today Snapshot
Wealth Today Snapshot
 
PPT-IBC_Opportunities _for _CMAs_legal_ppt
PPT-IBC_Opportunities _for _CMAs_legal_pptPPT-IBC_Opportunities _for _CMAs_legal_ppt
PPT-IBC_Opportunities _for _CMAs_legal_ppt
 
Disaster relief puerto rico employee retention credit final 6-21-2018
Disaster relief   puerto rico employee retention credit final 6-21-2018Disaster relief   puerto rico employee retention credit final 6-21-2018
Disaster relief puerto rico employee retention credit final 6-21-2018
 
Investor deck June 5, 2019 LD Micro Conference
Investor deck June 5, 2019 LD Micro ConferenceInvestor deck June 5, 2019 LD Micro Conference
Investor deck June 5, 2019 LD Micro Conference
 
Qualified sick pay plan presentation
Qualified sick pay plan presentationQualified sick pay plan presentation
Qualified sick pay plan presentation
 
Regulatory Reach
Regulatory ReachRegulatory Reach
Regulatory Reach
 
sovereignbank Q1_Q2_2006
sovereignbank Q1_Q2_2006sovereignbank Q1_Q2_2006
sovereignbank Q1_Q2_2006
 
Is An IPP Right For You
Is An IPP Right For YouIs An IPP Right For You
Is An IPP Right For You
 
Staying compliant in Canada: A discussion of the rules that govern HRM consid...
Staying compliant in Canada: A discussion of the rules that govern HRM consid...Staying compliant in Canada: A discussion of the rules that govern HRM consid...
Staying compliant in Canada: A discussion of the rules that govern HRM consid...
 

More from mdoos

Pay Choice Overview
Pay Choice OverviewPay Choice Overview
Pay Choice Overviewmdoos
 
Cpa Marketing
Cpa MarketingCpa Marketing
Cpa Marketingmdoos
 
Pc Hr Suite
Pc Hr SuitePc Hr Suite
Pc Hr Suitemdoos
 
Ec Take Care
Ec Take CareEc Take Care
Ec Take Caremdoos
 
Ec Fadv
Ec FadvEc Fadv
Ec Fadvmdoos
 
Hire Act
Hire ActHire Act
Hire Actmdoos
 

More from mdoos (6)

Pay Choice Overview
Pay Choice OverviewPay Choice Overview
Pay Choice Overview
 
Cpa Marketing
Cpa MarketingCpa Marketing
Cpa Marketing
 
Pc Hr Suite
Pc Hr SuitePc Hr Suite
Pc Hr Suite
 
Ec Take Care
Ec Take CareEc Take Care
Ec Take Care
 
Ec Fadv
Ec FadvEc Fadv
Ec Fadv
 
Hire Act
Hire ActHire Act
Hire Act
 

Recently uploaded

Epistemic Interaction - tuning interfaces to provide information for AI support
Epistemic Interaction - tuning interfaces to provide information for AI supportEpistemic Interaction - tuning interfaces to provide information for AI support
Epistemic Interaction - tuning interfaces to provide information for AI support
Alan Dix
 
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdfSmart TV Buyer Insights Survey 2024 by 91mobiles.pdf
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf
91mobiles
 
De-mystifying Zero to One: Design Informed Techniques for Greenfield Innovati...
De-mystifying Zero to One: Design Informed Techniques for Greenfield Innovati...De-mystifying Zero to One: Design Informed Techniques for Greenfield Innovati...
De-mystifying Zero to One: Design Informed Techniques for Greenfield Innovati...
Product School
 
FIDO Alliance Osaka Seminar: Passkeys and the Road Ahead.pdf
FIDO Alliance Osaka Seminar: Passkeys and the Road Ahead.pdfFIDO Alliance Osaka Seminar: Passkeys and the Road Ahead.pdf
FIDO Alliance Osaka Seminar: Passkeys and the Road Ahead.pdf
FIDO Alliance
 
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024
Tobias Schneck
 
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualitySoftware Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Inflectra
 
Empowering NextGen Mobility via Large Action Model Infrastructure (LAMI): pav...
Empowering NextGen Mobility via Large Action Model Infrastructure (LAMI): pav...Empowering NextGen Mobility via Large Action Model Infrastructure (LAMI): pav...
Empowering NextGen Mobility via Large Action Model Infrastructure (LAMI): pav...
Thierry Lestable
 
FIDO Alliance Osaka Seminar: FIDO Security Aspects.pdf
FIDO Alliance Osaka Seminar: FIDO Security Aspects.pdfFIDO Alliance Osaka Seminar: FIDO Security Aspects.pdf
FIDO Alliance Osaka Seminar: FIDO Security Aspects.pdf
FIDO Alliance
 
IOS-PENTESTING-BEGINNERS-PRACTICAL-GUIDE-.pptx
IOS-PENTESTING-BEGINNERS-PRACTICAL-GUIDE-.pptxIOS-PENTESTING-BEGINNERS-PRACTICAL-GUIDE-.pptx
IOS-PENTESTING-BEGINNERS-PRACTICAL-GUIDE-.pptx
Abida Shariff
 
Accelerate your Kubernetes clusters with Varnish Caching
Accelerate your Kubernetes clusters with Varnish CachingAccelerate your Kubernetes clusters with Varnish Caching
Accelerate your Kubernetes clusters with Varnish Caching
Thijs Feryn
 
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...
DanBrown980551
 
Mission to Decommission: Importance of Decommissioning Products to Increase E...
Mission to Decommission: Importance of Decommissioning Products to Increase E...Mission to Decommission: Importance of Decommissioning Products to Increase E...
Mission to Decommission: Importance of Decommissioning Products to Increase E...
Product School
 
State of ICS and IoT Cyber Threat Landscape Report 2024 preview
State of ICS and IoT Cyber Threat Landscape Report 2024 previewState of ICS and IoT Cyber Threat Landscape Report 2024 preview
State of ICS and IoT Cyber Threat Landscape Report 2024 preview
Prayukth K V
 
Leading Change strategies and insights for effective change management pdf 1.pdf
Leading Change strategies and insights for effective change management pdf 1.pdfLeading Change strategies and insights for effective change management pdf 1.pdf
Leading Change strategies and insights for effective change management pdf 1.pdf
OnBoard
 
Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...
Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...
Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...
Product School
 
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
UiPathCommunity
 
GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...
GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...
GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...
Sri Ambati
 
Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...
Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...
Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...
Ramesh Iyer
 
From Siloed Products to Connected Ecosystem: Building a Sustainable and Scala...
From Siloed Products to Connected Ecosystem: Building a Sustainable and Scala...From Siloed Products to Connected Ecosystem: Building a Sustainable and Scala...
From Siloed Products to Connected Ecosystem: Building a Sustainable and Scala...
Product School
 
Designing Great Products: The Power of Design and Leadership by Chief Designe...
Designing Great Products: The Power of Design and Leadership by Chief Designe...Designing Great Products: The Power of Design and Leadership by Chief Designe...
Designing Great Products: The Power of Design and Leadership by Chief Designe...
Product School
 

Recently uploaded (20)

Epistemic Interaction - tuning interfaces to provide information for AI support
Epistemic Interaction - tuning interfaces to provide information for AI supportEpistemic Interaction - tuning interfaces to provide information for AI support
Epistemic Interaction - tuning interfaces to provide information for AI support
 
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdfSmart TV Buyer Insights Survey 2024 by 91mobiles.pdf
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf
 
De-mystifying Zero to One: Design Informed Techniques for Greenfield Innovati...
De-mystifying Zero to One: Design Informed Techniques for Greenfield Innovati...De-mystifying Zero to One: Design Informed Techniques for Greenfield Innovati...
De-mystifying Zero to One: Design Informed Techniques for Greenfield Innovati...
 
FIDO Alliance Osaka Seminar: Passkeys and the Road Ahead.pdf
FIDO Alliance Osaka Seminar: Passkeys and the Road Ahead.pdfFIDO Alliance Osaka Seminar: Passkeys and the Road Ahead.pdf
FIDO Alliance Osaka Seminar: Passkeys and the Road Ahead.pdf
 
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024
 
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualitySoftware Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
 
Empowering NextGen Mobility via Large Action Model Infrastructure (LAMI): pav...
Empowering NextGen Mobility via Large Action Model Infrastructure (LAMI): pav...Empowering NextGen Mobility via Large Action Model Infrastructure (LAMI): pav...
Empowering NextGen Mobility via Large Action Model Infrastructure (LAMI): pav...
 
FIDO Alliance Osaka Seminar: FIDO Security Aspects.pdf
FIDO Alliance Osaka Seminar: FIDO Security Aspects.pdfFIDO Alliance Osaka Seminar: FIDO Security Aspects.pdf
FIDO Alliance Osaka Seminar: FIDO Security Aspects.pdf
 
IOS-PENTESTING-BEGINNERS-PRACTICAL-GUIDE-.pptx
IOS-PENTESTING-BEGINNERS-PRACTICAL-GUIDE-.pptxIOS-PENTESTING-BEGINNERS-PRACTICAL-GUIDE-.pptx
IOS-PENTESTING-BEGINNERS-PRACTICAL-GUIDE-.pptx
 
Accelerate your Kubernetes clusters with Varnish Caching
Accelerate your Kubernetes clusters with Varnish CachingAccelerate your Kubernetes clusters with Varnish Caching
Accelerate your Kubernetes clusters with Varnish Caching
 
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...
 
Mission to Decommission: Importance of Decommissioning Products to Increase E...
Mission to Decommission: Importance of Decommissioning Products to Increase E...Mission to Decommission: Importance of Decommissioning Products to Increase E...
Mission to Decommission: Importance of Decommissioning Products to Increase E...
 
State of ICS and IoT Cyber Threat Landscape Report 2024 preview
State of ICS and IoT Cyber Threat Landscape Report 2024 previewState of ICS and IoT Cyber Threat Landscape Report 2024 preview
State of ICS and IoT Cyber Threat Landscape Report 2024 preview
 
Leading Change strategies and insights for effective change management pdf 1.pdf
Leading Change strategies and insights for effective change management pdf 1.pdfLeading Change strategies and insights for effective change management pdf 1.pdf
Leading Change strategies and insights for effective change management pdf 1.pdf
 
Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...
Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...
Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...
 
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
 
GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...
GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...
GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...
 
Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...
Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...
Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...
 
From Siloed Products to Connected Ecosystem: Building a Sustainable and Scala...
From Siloed Products to Connected Ecosystem: Building a Sustainable and Scala...From Siloed Products to Connected Ecosystem: Building a Sustainable and Scala...
From Siloed Products to Connected Ecosystem: Building a Sustainable and Scala...
 
Designing Great Products: The Power of Design and Leadership by Chief Designe...
Designing Great Products: The Power of Design and Leadership by Chief Designe...Designing Great Products: The Power of Design and Leadership by Chief Designe...
Designing Great Products: The Power of Design and Leadership by Chief Designe...
 

Wotc Pc

  • 1. WORK OPPORTUNITY TAX CREDIT The Work Opportunity Tax Credit (WOTC) is a federal tax Family Assistance and a second change was the creation credit that reduces the federal tax liability of private-for- of the new Disabled Veteran target group that went into profit employers. Employers can hire from twelve differ- effect May 25, 2007. On February 17th as part of the ent targeted groups: American Recovery and Reinvestment Act (ARRA) of ♦ Qualified Temporary Assistance to needy Families 2009 two new categories were created Unemployed Vet- Recipients (TANF) erans and Disconnected Youth. ♦ Qualified Veterans/Disabled Veterans ♦ Unemployed Veterans The WOTC Program has been reauthorized until ♦ Qualified Ex-felons August 31, 2011 ♦ Qualified Designated Community Residents (DCR) residing in an Empowerment Zone (EZ), Renewal Community (RC), or in a Rural Renewal County (RRC) What makes us so effective? Not only do we offer the screening tools and credit calculations, but in order for ♦ Qualified Vocational Rehabilitation Agency Referrals your company to maximize your potential benefit your tax ♦ Disconnected Youth partner must do more. That’s why we assist all of our ♦ Qualified Summer Youth (SY) clients in the following areas: ♦ Qualified Food Stamp Recipients (FS) ♦ Customizable screening options which includes ♦ Qualified Supplemental Security Income Recipients ♦ Live operator phone screening (SSI) ♦ Conventional paper screening ♦ Qualified Long-Term Family Assistance Recipients ♦ We help manage internal compliance (LTFAR) ♦ Match screened new employees to actual new ♦ Hurricane Katrina Employee hires. Maximum Credit Available ♦ Identify non-compliant areas, and work with them to make them compliant ♦ $1,200 for each new Summer Youth* hired; ♦ Educate hiring managers about the credit ♦ $2,400 for each new Adult hired; ♦ Make sure that supervisors are aware of em- ♦ $4,800 for each new Disabled Veteran hired; and ployees eligibility so the company maximizes ♦ $9,000 for each new Long Term Family Assistance the credit. Recipient hired over a two year period. ♦ Identify how employer can target potentially *The credit is based on 40% of up to $6,000 in qualified certifiable job candidate pools. wages during the first year of employment. Summer COST- FOR A COST-FREE ANALYSIS ON WHETHER YOUR COMPANY Youth qualify for 40% of the first $3,000 in wages during (WOTC), QUALIFIES FOR WORK OPPORTUNITY TAX CREDITS (WOTC), the required working period of May 1 through September PLEASE CONTACT: 15. PayChoice Tax Incentives Department Minimum Employment or Retention Period TaxCredits@paychoice.com All new employees must work a minimum of 120 hours Or and individuals hired as Summer Youth employees must 888-811-7988 work at least 90 days, between May 1 and September 15, before an employer is eligible to claim the tax credit. Recent program changes took place in 2007 that im- pacted multiple target groups. One such change was the consolidation of the Welfare-To-Work Tax credit program into the WOTC program to become known as Long-Term TAX CREDIT SERVICES | ECONOMIC INCENTIVES | R & D TAX CREDIT | COST SEGREGATION | INCENTIVES MANAGEMENT | IC-DISC | PATENT SERVICES