Work Opportunity Tax Credit (WOTC)
The Work Opportunity Tax Credit is a Federal tax credit available to employers who hire and retain individuals from certain target groups. Employers claim about $1 billion in tax credits each year under the WOTC program. There are just a few easy steps to follow to apply for the tax credit.
VOW to Hire Heroes
There are over 900,000 unemployed Veterans in the United States. This program offers a tax credit up to $9,600 for hiring a qualified Veteran. The VOW to Hire Heroes Act provides tax credits for hiring Veterans and disabled Veterans who are out of work.