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Monday, July 07, 2008

Work Opportunity Tax Credits

Work Opportunity Tax Credit (WOTC) is a federal tax credit program that offers incentive to employers who hire individuals who have consistently had difficulty in securing and retaining employment. The credit helps offset the federal tax liability of private, for-profit employers. The program covers only new hires that have not worked for the employer in the past.

Full Story:
http://www.ai.org/dwd/2771.htm

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