Did you know that last year the state of Texas issued 207,513 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 credit[…]
In 2022 the state of Texas issued 192,950 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[…]
Brian Kelly, president of Cost Management Services, and Mark Mitchell, president of the Lake Houston Economic Development Partnership hosted a Relief After Harvey seminar at the Humble Civic Center last week. The presentation provided information to local business owners regarding the new hurricane relief tax credit, who the credit applies to, the potential financial impact of[…]