Friday, May 10, 2013

Screen your new employees to lower your company's liability

2013 WOTC applications are being processed very quickly and WOTC certificates are being released in the states of Alabama and Ohio. Many WOTC offices across the country are updating their application process to an online system that expedites the eligibility verification process significantly. This is great news for any employers adding to their workforce in 2013. Although 2012 Certificates are trickling out and unfortunately being put in line to be verified behind 2013 applications, at least employers can feel more assurance that they will be able to get their hands on this valuable hiring incentive for this year. Remember, the WOTC eligibility come in the form of your new employees, so make sure you are screening for that eligibility.

It makes even more sense now to get a WOTC process in place (prior to hiring new employees) that goes hand in hand with your business's hiring process so that you never miss out on this $2400.00 credit per employee again. You can save them up all year and practically eliminate your federal tax liability. It's like having a tax credit savings account!


No comments:

Post a Comment