WEBINAR: WOTC Secrets Reveled – Tips for HR and Tax Pros

The Secrets to WOTC Success: Tips for HR and Tax Pros Register now to reserve your spot to this WOTC Webinar! Can’t attend? Register anyway to receive a recording link after the live event. Join us on May 9th at 12pm CT to uncover the secrets to WOTC success!  In this webinar, you’ll learn proven strategies [Read More…]

WOTC Calculator: View Your Tax Credit Potential Today!

Instantly see your Potential Savings Today with Equifax Workforce Solution WOTC Calculator Are you tapping into the roughly $1 billion* in tax credits employers are claiming each year under the Work Opportunity Tax Credit (WOTC) program?  If you don’t WOTC, you should be.  Let us show you how much money you are leaving on the [Read More…]

Business Tax Credits Included in Bipartisan Budget Act

Retroactive Extension for IEC and FEZ Employer Tax Credits Proposed The Bipartisan Budget Act of 2018 (H.R. 1892) was approved by Congress and signed by the President on Friday, February 9, 2018.  This is good news for many employers, as the signed budget deal maintains two long-standing federal employer tax credits, the Indian Employment Credit [Read More…]

If You Don’t Screen 100%, You Can’t Maximize Your WOTC

The foundation of a successful WOTC program is identifying ALL eligible employees to reach 100% screening completion, you need to set expectations and have a simple process that can be applied consistently for every new hire. Our employee tax advisers recommend our clients to: Make presentation of WOTC screening mandatory for all applicants, in every [Read More…]

Screening Smart Means Better WOTC Results

If you manage WOTC, you know that screening for eligibility on all new hires is the foundation of a successful program. But having new hires complete the screening accurately and correctly to “screen eligible” or not is often not so simple. This can be compounded when you are screening new employees in multiple locations, when [Read More…]

A Top 25 Bank Increases WOTC Results by More than 50%

A top 25 bank that switched to the Equifax Workforce Solutions WOTC Management technology has seen more than a 50% improvement in their WOTC results in less than a year. Small tweaks to the bank’s WOTC process improved screening completion and eligibility identification to drive a significant increase to their overall WOTC program performance. Client [Read More…]

Lift the Burden of WOTC Docs and Get a Lift in Your Credits

There are three key elements of a successful WOTC program: ‘screening all’, ‘screening smart’, and timely collection of required documentation. With 9 different WOTC eligibility categories, sorting through documentation requirements to determine what is needed and how to best collect that documentation can be challenging. In addition, we’ve found that employers often face other barriers [Read More…]

Rake In the WOTC Credits this Fall

It’s the time of year when the leaves are falling and the weather is changing. With many businesses preparing to staff up for the holiday season it’s a perfect time to start screening for the Work Opportunity Tax Credit (WOTC) or to optimize your process so you are getting all of your potential credits. According [Read More…]

Do You WOTC? Target Groups for the WOTC Opportunity Tax Credit

According to the United States Department of Labor, employers generally can earn a tax credit equal to 25% or 40% of a new Work Opportunity Tax Credit (WTOC) eligible employee. Does your organization take advantage of this opportunity?  WOTC was enacted by the federal government to promote the hiring of certain targeted demographic groups that [Read More…]

Maximize Hiring Tax Credits with Mobile WOTC Screening

A mobile-optimized WOTC screening solution can help maximize tax credits.  Americans are relying more and more on mobile devices.  In fact, Pew Reseach Center reported in January 2017 that 77% of US adults own a smartphone.  Use of mobile phones in talent acquisition is also on the rise.  This includes job searches and applications. iCims [Read More…]