We help you handle the entire process from screening to the year-end reports. With Efficient Hire WOTC Processing, help streamline identifying eligible employees &
HELPS YOU CAPTURE MORE OF YOUR WOTC TAX CREDITS.
WHAT PEOPLE ARE SAYING
We have almost doubled our WOTC credits since working with Efficient Hire! We enjoy working with your company and have definitely received a return on our investment!
Simplified WOTC Processing from Start to Finish
The Work Opportunity Tax Credit program (WOTC) is a Federal tax credit for employers who hire and retain individuals with significant barriers to employment; such as Veterans, long-term unemployed, felons, & others on State assistance programs like SNAP, TANF, & SSI.
Why Should I be Screening for WOTC?
- If you have a Federal Tax Liability and employ a high number of hourly employees – you should participate in WOTC!
- Reduce your Company’s tax bill by up to $9,600 per eligible employee with no limit to the credit you can claim.
- Free up tax savings for use with other company programs.
- If you are in a Net Operating Loss (NOL), no problem. By screening for WOTC now, you can claim & carry-forward credits earned for up to 20 years.
BENEFITS OF WOTC
- By hiring an individual who is WOTC eligible, employers not only provide a job opportunity, but can retain a thankful employee.
- Every dollar spent on WOTC yields over $10 in social services savings.
- The WOTC program can help you incentivize workplace diversity
WOTC THE EFFICIENT HIRE WAY
- New hires are screened during onboarding, so you can identify a potential WOTC credit
- Employees are guided though simplified screening questions in English or Spanish
- We help you automate all the complex calculations & provide the tools to help you optimize your total tax credit earned
WOTC ELIGIBILITY & VALUE*
- Veteran: $2,400 to $9,600
- Designated Community Resident: $2,400
- SNAP (Food Stamps) Recipient: $2,400
- Short-Term TANF / Long-Term TANF Recipient: $2,400 – $9,000
- Ex-Felon: $2,400
- SSI Recipient: $2,400
- Vocational Rehab Recipient: $2,400
- Long-Term Unemployment (27+ weeks): $2,400
WOTC Screening Made Easier
- In applicant tracking, candidates answer WOTC questions when they apply for your jobs; identifying likely eligible candidates with a WOTC badge.
- Managers identify which candidates are likely eligible for WOTC before making a hiring decision.
- Applicants finish the official WOTC screening questions and the forms are eSigned along with the rest of the onboarding forms.
- New hires and managers experience a more streamlined workflow while you can gain potentially more credits for each hire.
WHAT PEOPLE ARE SAYING
With screening for hiring tax credits (WOTC), the Efficient Hire solution pays for itself because we get those tax credits. Efficient Hire has been such a blessing, we’re grateful for the team!