Work Opportunity Tax Credits (WOTC)

Maximize Your Employment Tax Credits and WOTC

All companies regardless of their activities may be eligible to receive WOTC credits. In fact all companies should be screening for the WOTC credit because companies can generate up to $9,600 per employee for simply hiring individuals they would have already otherwise hired. Beginning in 2016 the WOTC regulations were changed for the positive and additional groups of eligible employees were added. By opening up more groups of qualified individuals it has caused for drastically increased eligibility rates. The employment tax credit professionals at BTI serve companies by maximizing the hiring tax credits they receive.  Due to the completely automated process BTI provides, it allows companies to focus on the important tasks of running their business while having the comfort that they are not passing by valuable hiring tax credits they deserve.

Take Advantage of the Work Opportunity Tax Credit

The Work Opportunity Tax Credit (WOTC) is a hiring tax credit that was designed to provide incentive for companies to hire employees from specific target groups. Examples of some of those groups are listed below:

• Military veterans
• Long-term unemployed —(NEW in 2016)
• Disabled individuals
• Food stamp (SNAP) recipients
• Other public assistance participants
• And others

However, due to the complexity of documentation and eligibility many employers are not screening or maximizing their WOTC credits and ultimately hurting their bottom line. BTI provides companies with a seamless process that allows them to capture the maximum of these credits allowed as they hire and grow their workforce.

BTI Process to Maximizing WOTC Credits

Maximizing your credits begins with the right process. Our technology automated advantage allows for seamless integration into your hiring process.

Screening

Point of hire survey is conducted electronically in 5 minutes to gather information needed.

Analysis

BTI receives the information an reviews to determine eligibility and supporting documentation is compiled.

Quality Control

BTI reviews package to verify documentation supports eligibility criteria. Using a high level of quality control standards we ensure that all available support is included and opportunities are not overlooked to increase certification rates.

Document Submission

The document submission process allows for expeditious submission of the WOTC packages.  This is crucial to allow our clients to meet the 28 day deadline. Resulting packages are securely archived.

Credit Calculation and Reporting

Meticulous calculations are performed to ensure the highest credits available and reports are issued to clients and their CPAs.