Tax Credits
The Work Opportunity Tax Credit (WOTC) is available to employers in Florida 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 the work for you.
- Full-time, part-time, and temporary employees make your business eligible for the tax credit.
- Employers may claim a tax credit on an unlimited number of qualifying new hires.
The Tax Credit program was extended through August 31, 2011. This occurred when the President signed The Small Business and Work Opportunity Tax Act of 2007 into law on May 25, 2007.
Additional Work Opportunity Tax Credits information for the State of Florida: http://www.floridajobs.org/workforce/wotc.html
