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Employment Tax Credits Available for Hiring Seasonal Workers

Posted on by iRecruit

Like many companies you may be thinking of hiring seasonal workers at this time of the year. The end-of-year hiring surge affects all industries from retail, restaurants, accountants, professional services and more, whether you’re hiring 10 employees or 100 employees (or more) you may be eligible for an employment tax credit via the Work Opportunity Tax Credit (WOTC).

The Work Opportunity Tax Credit (WOTC) is a Federal tax credit incentive available to employers for hiring individuals from certain target groups such as Veterans, or long-term unemployed individuals who have consistently faced significant barriers to employment. Based on our 20+ years of experience on average 10-15% of new hires may qualify. Whether full-time or part-time, the WOTC certified employee must work a minimum of 120 hours in order for the employer to receive a 25% tax credit on the first $6,000 of their wages. If the individual ends up working 400 hours, you could be eligible for a 40% tax credit of the first $6,000 of their wages or $2,400.

iRecruit can provide WOTC screening and administration as part of your service, included with iRecruit, and/or iConnect Electronic Onboarding. We offer three easy-to-use options including a web-form, a 24/7 call center and paper based.

To learn more about iRecruit’s Work Opportunity Tax Credit (WOTC) services, please contact us below or call 800-517-9099.

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    Related: WOTC Questions: Is WOTC Available to Part Time Employees?

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