WOTC

What Accounting and Payroll Reminders Should You Keep in Mind for 2019?

By |2018-11-16T15:25:13-05:00October 16th, 2018|Accounting, Compliance, IRS, Payroll, Preparation, Tax, Tax Planning, WOTC|

The end of the calendar year will soon be upon us.  There are a few items to keep in mind as you begin to think about government forms that must be submitted in January. Bonuses Employers often give their employees holiday bonuses around the end of the year. It is important to remember that all [...]

Work Opportunity Tax Credit: Good for your Business and Good for the Nation

By |2018-11-28T15:07:03-05:00March 1st, 2017|Employment, Tax, Tax Services, WOTC|

A lot of employers overlook this important tax credit. Lyndi DeVries, Business Services Manager at TD&T, provides some background on this potentially valuable opportunity for your business. When your business looks to hire employees, you may inadvertently overlook some specific groups who sometimes face barriers to employment. Enacted in 2015, the Protecting Americans from [...]

You May Still Qualify for the 2015 Work Opportunity Tax Credit

By |2017-04-21T12:54:08-05:00July 1st, 2016|Employment, Tax, Tax Services, WOTC|

To encourage businesses to hire individuals from certain select groups, Congress Passed the Work Opportunity Tax Credit (WOTC) for employers. As they did for a lot of credits and other tax code opportunities, Congress did not renew the WOTC until late in 2015, but the extension applied retroactively back through the entire year.  In addition, [...]