The Work Opportunity Tax Credit (WOTC) has been expanded and extended through 2019. To get the credit a business needs to hire a qualifying employee. Qualifying employees are those individuals hired from 2016 – 2019 and who have been unemployed for at least 27 weeks. The unemployment of the individual needs to be certified by a designated local agency. The employer is eligible for a 40% credit on the first $6,000 of wages paid to the respective qualifying individual. The credit is a maximum of $2,400 for each eligible employee.
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