Additional Federal Hiring Tax Credits are available through the Work Opportunity Tax Credit (WOTC) program. WOTC provides a federal tax credit incentive of up to $9000 for employers who hire qualified candidates from nine designated target groups.
Currently, this program has been extended through August 31, 2011. Employers may claim WOTC benefits for a total of two years for each eligible employee.
For more information about the Federal Work Opportunity Tax Credit program, click here.
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