work opportunity tax credit (wotc)

The Work Opportunity Tax Credit (WOTC) program offers employers a credit against their federal tax liability for hiring individuals from eight target groups. This federally funded program is administered by RSC Employer Services. It benefits employers while assisting job-seekers that have had difficulty in obtaining employment. When hiring a person with disabilities, the employer may claim a credit of 40% of first year wages (maximum credit of $2,400 per employee).