The Work Opportunity Tax Credit, known as #WOTC, is a federal tax credit available to employers who hire individuals from disadvantaged groups of workers. Including WOTC Screening can save an employer significant amounts of money.
WOTC Screening is used to determine if a new hire is a member of one of the Work Opportunity Tax Credit’s ten target groups that would make the employer eligible to receive a tax credit for hiring the individual.
New hires who fall under one or more of WOTC’s Target Groups may make you eligible for a WOTC Tax Credit. Target Group #2 is the Qualified Veteran . 139,058 individuals were hired with certification from this group in 2022, 5.4% of the total.
A “qualified veteran” is a veteran who is any of the following:
The maximum tax credit available for hiring a Qualified Veteran is $9,600.
California hired the most Qualified Veterans last year with 10,960 new hires qualifying under that target group.
About CMS WOTC Screening Services
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In over 25 years of providing valuable WOTC Screening and Administration services we’ve saved millions for our customers.
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