Posts Tagged ‘Humanefits’

IRS Issues Extension to Receive Tax Credits for Empowerment Zones

Employers with employees living in designated empowerment zones have another opportunity to apply for Work Opportunity Tax Credits (WOTC). The IRS recently announced that tax credits for WOTC Target Group D, which consists of individuals ages 18-39 who when hired are residents of an empowerment zone, has been extended. In Notice 2018-47, employers will now…

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This Trifecta of WOTC Services Will Increase Your Certifications

The Work Opportunity Tax Credit (WOTC) is a federal tax credit available to employers who hire individuals from specific target groups. Any business can earn tax credits by hiring individuals who fit one of the program’s target groups such as veterans, disabled persons and persons receiving government assistance. Employers can earn anywhere from $1,200 to…

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Employers Should be Prepared For Increased I-9 Enforcement in 2019

It’s evident that U.S. Immigration and Customs Enforcement (ICE) has been active this year. Expect that trend to continue in 2019 based on U.S. Department of Homeland Security’s proposed budget for 2019. In the Department of Homeland Security’s 2019 FY Budget Summary, a number of additions have been proposed to continue the enforcement of U.S.…

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Nevada’s WOTC Process Goes Electronic

Good news from the state of Nevada for employers anxious to hire and get paid for doing it. The state has taken the initiative to improve its process for handling the federal Work Opportunity Tax Credit (WOTC), which provides tax incentives for employers to hire from specific groups of individuals targeted by the federal program,…

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ICE Age: Raids are Expanding

Since the Trump administration took office, a significant focus has been placed on enforcement of immigration laws by U.S. Immigration and Customs Enforcement (ICE). Acting ICE director Tom Homan advised in 2017 that immigration raids were likely to quintuple in 2018, with both undocumented workers and the places that employ them as targets. That was…

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Claim More Tax Credits with WOTC Program

The Work Opportunity Tax Credit (WOTC) program has sometimes been viewed with a negative stigma. The reality is that candidates eligible for the WOTC certification are hired every day to work in most industries, ranging from restaurants to retail to banking. It’s also true that one in five of job candidates are eligible for WOTC…

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WOTC Capture Just Got Easier for Texas, Nevada, and Delaware

The Work-Opportunity Tax Credit (WOTC) is a credit that many employers should be capturing if they aren’t already doing so. Employers can receive credits for hiring and retaining candidates from specific target groups, such as convicted felons, veterans, and those on government assistance programs such as Supplemental Security Income (SSI). The process for obtaining WOTC…

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DOL Gives Businesses Second Opportunity For WOTC Job Tax Credits

The U.S. Department of Labor (DOL) has rethought its stance on Work Opportunity Tax Credit (WOTC) applications submitted in 2014 through 2016 that were rejected for WOTC certification by State Work Agencies (SWAs). The DOL, in Training and Employment Guidance Letter No. 07-17, said that the Social Security Administration (SSA) would be re-evaluating Target Group…

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