HIRE Tax Credit is now the exclusive Hiring Incentive platform for the Tampa Bay Lightning, Tampa Bay Rays and FL Panthers! These new partnerships between HIRE Tax Credit and elite professional sports franchises shows a strong commitment in our industry. HIRE Tax Credit (a veteran owned company) will use it’s proprietary system to capture the […]
HIRE Tax Credit partners with the Tampa Bay Lightning, Tampa Bay Rays and FL Panthers!!
How does WOTC work?
The tax credit employers can claim depends upon the target group of the individual hired, the wages paid to that individual in the first year of employment, and the number of hours that individual worked. There is also a maximum tax credit that can be earned. For the long-term Temporary Assistance for Needy Families (TANF) […]
RECENT UPDATES
The Work Opportunity Tax Credit (WOTC) is a federal tax credit available to employers for hiring and employing individuals from certain targeted groups who have faced significant barriers to employment. WOTC joins other workforce programs that incentivize workplace diversity and facilitate access to good jobs for American workers. The Consolidated Appropriations Act, 2021 (Section 113 of Division […]
Who qualifies for WOTC?
Veterans Target Groups A new hire qualifies for the veteran target group, if the individual is: A veteran who is a member of a family that received SNAP benefits (food stamps) for at least a 3-month period during the 15-month period ending on the hiring date; OR A disabled veteran entitled to compensation for a […]