In 2021 the state of Virginia issued 58,800 Work Opportunity Tax Credit certifications. Virginia issued 2.82% of all WOTC Tax Credits in 2021, SNAP Recipient was Virginia’s highest tax credit target group with 54.31% of certifications for that category. See historical data on Virginia and the Work Opportunity Tax Credit. About Our WOTC Screening[…]
In 2021 the state of Minnesota issued 32,259 Work Opportunity Tax Credit certifications. Minnesota issued 1.55% of all WOTC Tax Credits in 2021, Designated Community Resident was Minnesota’s highest tax credit category with 33.89% of certifications for that category. See historical data on Minnesota and the Work Opportunity Tax Credit. About Our WOTC Screening[…]
In 2021 the state of Colorado issued 33,866 Work Opportunity Tax Credit certifications. Colorado issued 1.63% of all WOTC Tax Credits in 2021, SNAP was Colorado’s highest tax credit category with 50.19% of certifications for that category. See historical data on Colorado and the Work Opportunity Tax Credit. About Our WOTC Screening Services Why[…]
In 2021 the state of Arizona issued 23,637 Work Opportunity Tax Credit certifications. Arizona issued 1.14% of all WOTC Tax Credits in 2021, SNAP was Arizona’s highest tax credit category with 70.77% of certifications for that category. See historical data on Arizona and the Work Opportunity Tax Credit. About Our WOTC Screening Services Why[…]
MARCH 2021 – The latest statistics for the Work Opportunity Tax Credit from 2021 have recently been released by the U.S. Department of Labor, and the data shows that a total of 2,081,474 total Work Opportunity Tax Credits were issued in the United States in 2021. This represents an almost 28% increase over previous years 2020 (1,620,806[…]
In 2021 the state of Kentucky issued 54,986 Work Opportunity Tax Credit certifications. The Bluegrass State issued 2.64% of all WOTC Tax Credits in 2021, SNAP was Kentucky’s highest tax credit category with 48.08% of certifications for that category. See historical data on Kentucky and the Work Opportunity Tax Credit. About Our WOTC Screening Services Why[…]
In 2019 there were 2,066,616 total Work Opportunity Tax Credits issued in the United States. CMS estimates the total value of these credits is $4.9 Billion. The number of credits issued in 2019 is down 6.3% from 2018 (see 2018 WOTC Statistics). Which states issued the most WOTC credits in 2019? Texas 166,768 (8.06% of total)[…]
CMS is pleased to announce we will host another Work Opportunity Tax Credit (WOTC) webinar on August 7th: Deep Dive Into the Work Opportunity Tax Credit Statistics. The 1 hour session is free and open to anyone interested in learning how to add value to your CPA services, or save money when hiring new employees, and[…]
The latest statistics for the Work Opportunity Tax Credit are from 2018. 2,204,142 total Work Opportunity Tax Credits were issued in the United States in 2018. Over 66% of that was for individuals who had been on SNAP (Food Stamps). Although the value of the issued tax credits would actually vary based on hours worked,[…]
In 2023 the state of Alabama issued 42,206 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,[…]