Targeted hiring groups. Work Opportunity Tax Credit. The Work Opportunity Tax Credit (WOTC) is a federal tax credit available to employers for hiring individuals from certain target groups who have consistently faced significant barriers to employment. Labor and Economic Opportunity - The Work Opportunity Tax Credit Program has been extended through December 31, 2011. The Work Opportunity Tax Credit (WOTC) is a federal income tax benefit administered by the U.S. Department of Labor (DOL) for employers who hire individuals from specified target populations. The WOTC has two purposes: To promote the hiring of individuals who qualify as a member of a target group. Exceptions to the extension are; (1) Effective for start dates on or after January 1, 2010, the Detroit and Flint Renewal Communities (RC's) are no longer eligible for WOTC; and (2) The Unemployed Veteran and Disconnected Youth target groups expired on December 31, 2010. Summary of S.1532 - 117th Congress (2021-2022): A bill to provide a work opportunity tax credit for military spouses and to provide for flexible spending arrangements for childcare services for uniformed services families. WOTC joins other workforce programs that incentivize workplace diversity and facilitate access to good jobs for American workers. To provide a federal tax credit of up to $9,600 to employers who hire these individuals. 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. 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. En español. Apply for Work Opportunity Tax Credits The Work Opportunity Tax Credit (WOTC) is a federal tax credit that the government provides to private-sector businesses for hiring individuals from nine target groups that have historically faced significant barriers to employment. The employee groups are those that have had significant barriers to employment. The Work Opportunity Tax Credit (WOTC) program is a federal tax credit available to employers if they hire individuals from specific targeted groups. This government program offers participating companies between $2,400 – $9,600 per new qualifying hire. Veterans The Work Opportunity Tax Credit is a federal tax credit available to employers who hire and retain qualified veterans and other individuals from target groups that historically have faced barriers in securing employment. About the WOTC.
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