Sunday, January 14, 2007

WOTC Renewed!

The Work Opportunities Tax Credit is back!  Ok, it never REALLY went away, it just got caught up in government crap.
The form that you need is form 8850, available at your friendly neighborhood IRS dungeon.

The WOTC provided tax incentives for business to hire and retain employees with certain statuses:
People Receiving TANF, Certain Veterans, Many People with Disabilities, Many Felons, Summer Youth, Food Samp Recipient, and Katrina Victims.

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