↓
 

Lake Wylie Tax Service | Bookkeeping | Payroll Service

Lake Wylie Tax Service | Bookkeeping | Payroll Service

  • Home
  • About Us
  • Services
  • Information
    • Tax News
  • 2022 Tax Organizers
  • Tax Tips & Blog
  • Testimonials
  • Contact Us

Tag Archives: WTOC

Employers Hiring New Employees May Be Able to Claim a Work Opportunity Tax Credit

Lake Wylie Tax Service | Bookkeeping | Payroll Service Posted on October 19, 2021 by Lake Wylie Tax Services StaffOctober 19, 2021

Work Opportunity Tax Credit - WTOC
If you are a business owner, and are hiring new workers, you may be able to claim a Work Opportunity Tax Credit (WOTC) if you hire someone who has been unemployed for 27 consecutive weeks or more or if the individual is from one of several other categories of eligible employees, as explained below. This credit is an income tax credit, unlike some of the pandemic-related credits that are applied to employment taxes of the business.

Continue reading →
Posted in For Business | Tagged Employee, Tax Credit, WTOC
© 2023 Lake Wylie Tax Service . - All rights reserved
Web Design and Hosting by Pro Impact, LLC
↑
Translate »