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Accounting & Bookkeeping & Small Business Forum
Accounting, Bookkeeping, Marketing, and Small Business Resource
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opila
Joined: 12 Jun 2008
Posts: 1
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| Posted: Thu Jun 12, 2008 12:13 am Post subject: Can anyone explain me about WOTC???? |
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Hey, I need a little help from you guys, I just want to know what is WOTC? How it helps and what is their importance for an employer? How can I take its benefits? If you guys have any information regarding this, please share it with me.
Thanks a lot!! |
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Richard Noot
Joined: 20 Aug 2005
Posts: 794
Location: Minnesota
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| Posted: Thu Jun 12, 2008 12:12 pm Post subject: Re: Can anyone explain me about WOTC???? |
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opila wrote: Hey, I need a little help from you guys, I just want to know what is WOTC? How it helps and what is their importance for an employer? How can I take its benefits? If you guys have any information regarding this, please share it with me.
Thanks a lot!! In a nutshell it is a tax credit for hiring certain targeted individuals in a disadvantaged group(ex: ex cons). You can get more info on the IRS website and by contacting your state workforce ctr which is part of your local state unemployment office. |
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RobJ
Joined: 11 Jun 2008
Posts: 182
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| Posted: Thu Jun 19, 2008 6:20 am Post subject: |
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Here's a fairly decent explanation right from the horse's mouth:
http://www.doleta.gov/business/Incentives/opptax/ |
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