- Hosting Speaking
The Work Opportunity Tax Credit (WOTC) is a valuable benefit for employers who hire members of targeted groups, such as qualified veterans, and individuals who are unemployed or receiving assistance to support low-income households.
The state of California has a similar credit for businesses called the New Employment Credit (NEC) that can offset state tax liability for employees who meet similar criteria to the WOTC credit.
Listen to the webinar recording as we discuss the WOTC and the NEC and how they can apply to your organization. This webinar provided a practical guide for implementing a program to capture the maximum benefit available for hiring employees that typically face barriers to employment.
At the end of this session, you will be able to
- Understand the purpose and mechanics of the Work Opportunity Tax Credit and the NEC and how they apply to your organization
- Evaluate your organization to determine whether either or both credits are a strong fit for you
- Identify next steps to collect relevant data and begin the process for your business
- Jennifer E. Rohen, JD, Manager, Federal Tax Solutions