SharedWork & Work Opportunity Tax Credit (WOTC) & Federal Bonding

SharedWork & Work Opportunity Tax Credit (WOTC) & Federal Bonding
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Date and Time

Wednesday May 11, 2022
12:00 PM – 1:00 PM PDT

Wednesday
May 11
12:00 am – 1:00 pm

Location

Online Webinar

Fees/Admission

Registration is required but FREE to attend

Website

Home

Contact Information

Liza Conboy
Send Email

What you’ll learn about WorkSource:

  • The role of WorkSource in your state and local community.
  • How businesses can get assistance from their local WorkSource and workforce business service teams.
  • What employers can gain by contacting WorkSource and rapid response before making workforce changes such as layoffs.
  • Using the statewide WorkSource locator to access business services.

  

Work Opportunity Tax Credit (WOTC)

 The WOTC is a tax  incentive for employers to hire certain hard-to-place job seekers. The  goal is to help these individuals become economically self-sufficient  and to reward employers who give them a chance.

Employers can reduce their  federal business taxes by anywhere from $2,400 to $9,600 per eligible  employee. The amount employers get is based on:

  • The employee’s target group
  • Wages earned and hours worked by the employee

Original source can be found here.



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