Jul 28, 2019
The Work Opportunity Tax Credit (WOTC) is a Federal tax credit available to employers for hiring Veterans, Disabled Veterans and other non-Veteran groups. Eligible employers can receive a federal tax credit ranging from $1,200 to $9,600 for each qualified employee hired under the WOTC program, or $9,000 over a two-year period for employees hired who were long-term public benefits recipients prior to hire.
Over $1 billion in tax credits are dispersed each year by the WOTC program. As a Veteran, not only does your time and dedication qualify you as a high quality candidate, these Veteran Tax Credits make you even more desirable for employers looking to hire Veterans.