Did you know that last year the state of South Carolina issued 41,449 Work Opportunity Tax Credit certifications? The Work Opportunity Tax Credit, known as WOTC, is a federal tax incentive designed to help people with barriers to employment into the workplace. By hiring someone from a Target Group, your company may be eligible for a tax[…]
In 2020 the state of South Carolina issued 31,248 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,[…]
The State of South Carolina issued the following information to Work Opportunity Tax Credit (WOTC) consultants today: The Internal Revenue Service (IRS) has granted tax relief for victims of Hurricane Irma in South Carolina. For those affected by the disaster, the tax relief extends the 28-day Work Opportunity Tax Credit (WOTC) filing deadline to January[…]
The WOTC office of South Carolina has notified our processing center that they have been granted the authority by the US Dept. of Labor to release all pending 2015 hiatus determinations. The 2015 pending certifications and denials will be released on Monday, February 1, 2016. For any immediate questions regarding Work Opportunity Tax Credits, please call or[…]
The Work Opportunity Tax Credit (WOTC) is available to employers in South Carolina who hire people from specific target groups that experience barriers to employment. WOTC can provide up to $2,400 in tax relief for each qualifying hire, and up to $9,000 for long term family assistance recipient hires. Easy application process. We do all[…]