Work Opportunity Tax Credits & Federal Bonding
Work Opportunity Tax Credit (WOTC) is a program that provides tax credits for hiring people in protected categories that usually experience extreme barriers to employment. It is offered jointly through the U.S. Department of Labor (DOL), the U.S. Treasury, and the IRS. Resources and information on how to get involved in this program are listed below.
IRS WOTC Page: Here you will find the forms needed to get involved in the program and register your eligible employees
The Federal Bonding program assists justice-involved individuals in gaining and maintaining employment. This program assists employers by providing up to $5,000 in fidelity bonds for qualified employees to protect employer assets while giving these individuals the employment they need. Resources and information on how to get involved in this program are listed below.