Discover Your Tax Credits with WOTC Screening
Did you know that more than 20% of new hires may qualify for the Work Opportunity Tax Credit (WOTC)? Don't miss out on your share of the over $1 billion in tax credits that employers receive annually through the WOTC program. It's time for your company to benefit too!
WOTC promotes the hiring of individuals facing certain barriers to employment, such as veterans, those on public assistance, and residents of specific areas. These eligible groups might make up a larger portion of your workforce than you realize. In fact, one in five new hires could be WOTC eligible.
Who Qualifies for WOTC?
Take advantage of potential tax credits by hiring from the following eligible groups:
Maximize Your Savings
WOTC can save your company up to $9,600 per eligible employee. For example, if you hire 20 people per year, approximately four of them could be WOTC eligible, potentially leading to almost $40,000 in tax credits based on your hiring choices.
Real Dollars to the Bottom Line
These tax credits are tangible dollars that HR can deliver to the company's bottom line, providing valuable resources for future investments. HR teams can leverage WOTC savings or forecasted savings when seeking budget increases.
Simplify the Process with Our WOTC Screening Solution
At 3rd Degree Screening, we offer a simple and effective WOTC Screening Solution that takes care of the paperwork and timelines for your team. Our solution allows you to identify more WOTC-eligible employees, resulting in more tax credits for your company. Get the tools you need to deliver, report, and forecast a successful WOTC program today.
Don't miss out on potential tax credits that can significantly benefit your organization. Contact us now to learn more about our WOTC Screening Solution and start maximizing your savings.