Work Opportunity Tax Credit (WOTC)
Turn Your Hiring Process Into Tax Savings
The Work Opportunity Tax Credit (WOTC) is a Federal tax credit incentive that Congress provides to employers for hiring individuals from certain target groups who have consistently faced significant barriers to employment.
On average, 10-20% of new hires may be qualified for up to $2,400 to $9,600 worth of tax savings under the WOTC program guidelines. Based on our experience, 15% of the average workforce is eligible for these employment tax credits. Why aren’t you taking advantage?
Who Qualifies for the WOTC?
For an employee to be certified as an eligible group member by a State Workforce Agency, the new hire must belong to one of the target groups. These include, but are not limited to:
- Qualified Veterans: Including those unemployed for at least 4 weeks, or those with a service-connected disability.
- Short-term & Long-term TANF Recipients: Members of a family receiving Temporary Assistance to Needy Families.
- SNAP (Food Stamp) Recipients: 18-39 year olds receiving Supplemental Nutrition Assistance Program benefits.
- Ex-Felons: Individuals hired within one year of conviction or release from prison.
- Designated Community Residents: 18-39 year olds living within federally designated Rural Renewal Counties or Empowerment Zones.
- SSI Recipients & Long-Term Unemployment Recipients
Automated Screening: We Do the Heavy Lifting
The legislation requires the application for the tax credit is received by the Department of Labor (DOL) within 28 days of the employee’s hire date. At ABIS, we automate your application, certification, and tracking of the WOTC so you never miss a deadline.
Seamless Onboarding Integration at No Extra Cost:
- Web-Based Secure Electronic Form: A 10-question mobile-friendly form that integrates directly with your Applicant Tracking Software or Electronic Onboarding.
- 24/7 Bi-Lingual Call Center: For remote employees or those without web access, our friendly call center handles the 3-4 minute screening.
- Mail Us Your Paper Forms: We customize and simplify the WOTC Questionnaire. Simply mail us your forms within the 28-day window.
ABIS screens every new hire for eligibility, automatically checks addresses for Enterprise Zone credits, and files the paperwork so you don’t have to.
Zero Risk: We Only Get Paid When You Save
ABIS charges a percentage of the actual tax credit value, so we don’t charge you unless we save you money. We invoice only after we perform all the work and determine the actual value of the tax credit.
“We are the only invoice you are happy to see, because it means we are saving you money.”