In 2023 the state of Connecticut issued 18,803 Work Opportunity Tax Credit certifications. The Work Opportunity Tax Credit, known as WOTC, is a federal tax credit available to employers who hire individuals from target groups, that include qualified Veterans, individuals on food stamps and more. The Work Opportunity Tax Credit is available throughout the United States, and[…]
Keep up-to-date with the Work Opportunity Tax Credit with these recent news articles about WOTC: Tax Credit to Hire Current, Former Foster Youth Reintroduced (Read @ The Chronicle of Social Change) The congressional effort to provide tax incentives for hiring current and former foster youths has resurfaced, with bills that could be introduced in both[…]
Keep up-to-date with the Work Opportunity Tax Credit with these recent news articles about WOTC: Sen. Rosen introduces bill to promote hiring student veterans (Read @ The Las Vegas Review-Journal) A bipartisan bill to provide incentives for businesses to hire military veterans attending institutions of higher education was filed by Sen. Jacky Rosen, D-Nev. The[…]
The CT News Junkie website reports that U.S. Senator Richard Blumenthal visited with veterans this week at Bristol’s Arna Machine to help promote hiring and tax credits. Nick Saucier, a former Army sniper who spent time in Afghanistan, has found that the skills he learned in the military now serve him well as a machinist.[…]