Tag: Work Opportunity Tax Credit (WOTC)

tax

WOTC 101

WOTC stands for Work Opportunity Tax Credit, and it’s designed to be an incentive for employers to hire people who frequently face difficulty finding employment. As the name implies, this incentive is in the form of a tax credit. As such, it is administered by both the Department of Labor (DOL) and the IRS. It […]

Risk or reward? Ex-offenders present challenge to employers

In a quest for workforce diversity, employers go to great lengths to reach out to people of various races, ethnicities, genders, ages, and backgrounds. But they’re not so likely to reach out to those who have spent time in prison. Yet employers often express a desire to be good corporate citizens that “give back” to […]