Employers that are looking to hire new workers may be able to reduce their tax bills with a valuable one-time federal tax credit. The Work Opportunity Tax Credit (WOTC) encourages employers to hire from certain groups that face barriers to employment. The targeted groups include veterans, qualified recipients of certain aid programs, ex-felons, qualified long-term unemployment recipients and summer youths. The IRS reminds employers of the need to start by filing a form with their state workforce agency, to prescreen and certify individuals they wish to hire. To learn more about the WOTC, click here: https://bit.ly/3ulOYgd or contact us with questions. © 2023