The WOTC promotes the hiring of individuals who qualify as members of target groups, by providing a federal tax credit incentive of up to $9,600 for employers who hire them.
The American Taxpayer Relief Act of 2012 (P.L. 112-240) extends the WOTC to December 31, 2013. The WOTC has two purposes:
An employer may qualify for a tax credit of up to $9,600 if the employee is a member of a designated target group and meets that group’s specific requirements.
Individuals hired from the following nine target groups may qualify an employer for the WOTC:
CFG Consulting, Inc. handles all the administrative details of the WOTC program on your behalf. We conduct face-to-face interviews or telephone screenings with all potential WOTC applicants. Clear written procedures guide your managers throughout the hiring process. Our staff trains your personnel to properly evaluate potential WOTC applicants’ qualifications. Our turn-key approach includes on-going consultation and support to keep you up to date with any changes in WOTC regulations and qualifications