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What Are The Benefits Of Employing Ex Offenders?

January 24, 2024 by Maria LaPaige

What Are The Benefits Of Employing Ex Offenders? Ex-offenders are one such target group for the Work Opportunity Tax Credit (WOTC). By hiring an ex-offender who works a minimum of 120 hours, employers can claim a partial tax credit. If the individual works 400 hours or more, the employer may claim the full tax credit.

Do Companies Get Money For Hiring Ex Convicts?

January 24, 2024 by Carlos Perez

Do Companies Get Money For Hiring Ex Convicts? Do companies get money for hiring ex convicts? The Work Opportunity Tax Credit (WOTC) is a federal tax credit available to employers who hire and retain individuals from target groups with significant employment barriers (e.g., veterans, ex-felons, etc.). Employers can claim about $9,600 per employee in tax