The Work Opportunity Tax Credit (WOTC) is a Federal tax credit available to employers for hiring individuals from certain targeted groups who have consistently faced significant barriers to employment.
WOTC joins other workforce programs that incentivize workplace diversity and facilitate access to good jobs for American workers.
The Protecting Americans from Tax Hikes Act of 2015 (the PATH Act) retroactively allows eligible employers to claim the Work Opportunity Tax Credit (WOTC) for all targeted group employee categories that were in effect prior to the enactment of the PATH Act, if the individual began or begins work for the employer after December 31, 2014 and before January 1, 2020. For tax-exempt employers, the PATH Act retroactively allows them to claim the WOTC for qualified veterans who begin work for the employer after December 31, 2014 and before January 1, 2020. The PATH Act also added a new targeted group category to include qualified long-term unemployment recipients.
Employers can hire eligible employees from the following target groups for WOTC.
- Qualified Tanf Recipients
- Qualified Veterans
- Designated Community Residents
- Vocational Rehab Referral
- Summer Youth Employees
- Snap Recipients
- SSI Recipients
- Long Term Family Assistance Recipients
- Long Term Unemployment Recipients
WOTC.com enables thousands of business owners to claim the WOTC Tax Credit. Call us at 212-635-9500 to speak to a WOTC.com consultant today.