The Work Opportunity Tax Credit (WOTC)
Federal tax credit designed to incentivize employers to hire individuals who face barriers to employment. Qualifying individuals include some veterans, or simply those who have been unemployed for an extended period.
Qualifying individuals move from economic dependency to self-sufficiency and become contributing members of their communities. Participating employers lower their cost of doing business through reduced federal income tax liability.
The Work Opportunity Tax Credit information sheet is available in
English and
Spanish.