Hiring? Get Tax Savings to hire!

Ready expand your team & SAVE MONEY!!

The tax code is filled with incentives for helping those in need.

One in particular gives you a TAX CREDIT for hiring certain types of employees...

The credit is:

Work Opportunity Tax Credit (WOTC)...

...the groups of people that we are incentivized to hire are called "Targeted Groups"

Some of those Targeted Groups are:

  • Veterans

  • Unemployment Recipients (more than 27 weeks)

  • Ex-Felons

  • Summer Young Employee (age 16-18) living in an Empowerment Zone (high poverty & unemployment area)

Most of the credits max out at about $2,400 per employee for the first year...

...However for Veterans...

...those credits can be as high as $9,600 per employee for the first year.

Like most tax credits & tax deductions...

...there are rules, paperwork & record-keeping.

So this one has lots of rules, limits and paperwork to be filled out.

However, this can be HUGE tax savings for you!! 

Want more info on this tax strategy?

Schedule a FREE call...we can give you more guidance of the rules!

Best

Pat

Disclaimer: This is meant to be educational ONLY.  This is NOT advice for your specific situation.  Please consult a qualified financial & tax professional before making any changes to your tax or financial plans.

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