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What if you could offset some of the cost of hiring without impacting your applicant experience or burdening your hiring managers? It sounds like a dream, but it can be done with a properly managed process around the Work Opportunity Tax Credit (WOTC). What’s WOTC?
The Work Opportunity Tax Credit is a federal tax credit that provides the opportunity to get a tax credit if you hire people who have “faced significant barriers to employment.” Who are these potential employees? They are
Individuals who have been convicted of a felony or recently released from prison for a felony Recipients
