Jan 27, 2023
Retro WOTC has been approved; claim more credits and improve your bottom like by partnering with a tax reporting solution. Recent data from the United States Staffing Association found that the average staffing company qualifies for $75,000 in Work Opportunity Tax Credits (WOTC).
The news is in! According to a release this morning, retro WOTC has officially been approved, which grants employers “transition relief” for their entitled Work Opportunity Tax Credits for all eligible employees hired during the recent WOTC hiatus.