Work Opportunity Tax Credits
Maximize Your Returns: Claim the Tax Credits Your Business Deserves!
We take care of all the paperwork and handle the process from start to finish for you!
EZhire™
Work Opportunity Tax Credits
The Work Opportunity Tax Credit (WOTC) is a Federal Tax credit incentive available to employers who hire individuals from certain target groups that have consistently faced significant barriers to employment.
Employers claimed $6.1 billion in tax credits in 2022 from the WOTC program. Between 10-15% of all new hires may qualify.
How Much Can I Save?
Employers can earn a tax credit from $100 to $9,600 per eligible employee, depending on the target group of the new employee and number of hours worked in the first year. Employees must work at least 120 hours on the first year of employment.
WOTC Example Savings:
Company Size: 25 employees
Number of Annual New Hires: 5
Qualifying Percentage: 20%
Average Tax Credit: $2,400
Employer Credit: $2,400
Which Employees are Eligible?
- Qualified Veterans
- SNAP (food stamps) Recipients
- TANF Recipients (Long/Short Term)
- Ex-Felons
- Designated Community Residents
- Vocational Rehabilitation Referrals
- Summer Youth Employees
- SSI Recipients
- Long-Term Umemployed
What Does EZhire™ Do?
We screen every new hire you submit for WOTC eligibility. We aim to reduce the administrative burden on your staff, maximize your tax credits, and maintain compliance. In performing WOTC Screening and Administration with our platform, we’ve saved millions for our customers.
Don't miss out on Tax Credits!
Employers have just 28 Days from the employee's start date to submit the WOTC paperwork to qualify for the tax credits.
On average 15% or more of your new hires will qualify for you to receive tax credits just for employing them!
