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What is WOTC?

Dive into the heart of the Work Opportunity Tax Credit (WOTC) program with our latest discussion, where we unveil how this incentive empowers businesses to make impactful hiring decisions. WOTC is designed to encourage the employment of individuals facing barriers to work, including those on food stamps, welfare, disabled veterans, and others facing recent challenges. Beyond the significant income tax credits businesses can earn, the program champions a deeper cause—supporting job seekers in need, their families, and by extension, their communities. This segment explores the multifaceted benefits of WOTC, illustrating how businesses can contribute to societal welfare while reaping financial rewards, creating a win-win scenario on multiple levels.