Wednesday, October 9, 2024

Employers can claim the WOTC when they hire and employ individuals from specific targeted groups.


 What groups of people you hire can bring you

hashtagWOTC benefits?


Employers can claim the WOTC when they hire and employ individuals from specific targeted groups.



These groups include:

  • Qualified IV-A Recipients: Individuals receiving Temporary Assistance for Needy Families (TANF) benefits.
  • Qualified Veterans: Veterans who meet certain criteria.
  • Qualified Ex-Felons: Individuals with prior felony convictions.
  • Designated Community Residents (DCR): Residents of designated empowerment zones or rural renewal counties.
  • Vocational Rehabilitation Referrals: Individuals with disabilities referred by a vocational rehabilitation agency.
  • Qualified Summer Youth Employees: Youth hired during specific timeframes.
  • SNAP (Supplemental Nutrition Assistance Program) Benefits Recipients: Individuals receiving SNAP benefits.
  • SSI (Supplemental Security Income) Recipients: Individuals receiving SSI benefits.
  • Long-Term Family Assistance Recipients: Individuals receiving long-term family assistance.
  • Qualified Long-Term Unemployment Recipients: Individuals who have been unemployed for an extended period.

This is where action takes place: yourWOTC.com

Wednesday, October 2, 2024

Over 1000 US hospitals have solved the last problem w/o any upfront costs!!


 In 2024, U.S. healthcare technology experts reported that inefficiencies, system downtimes and underpayment recovery from insurers have contributed to industry losses exceeding $8 billion annually, up from $1.7 billion in 2017!


Over 1000 US hospitals have solved the last problem w/o any upfront costs!!


Larry Potter

Senior Underpayment Recovery Advisor For Hospitals/Medical Centers

Sunday, September 29, 2024

Restaurants should consider the Work Opportunity Tax Credit (WOTC) benefits for several compelling reasons.


1. Restaurants can receive tax credits of up to $9600 for each new hire. This can lead to substantial savings. 

 2. The restaurant industry often faces high employee turnover. Utilizing WOTC allows restaurants to maximize benefits from hiring new staff, turning turnover into a financial advantage because they can claim the benefit over and over! 

 3. The WOTC process can be integrated into the hiring process, making it easier for restaurants to identify eligible candidates and claim credits without significant additional administrative burden since 98% of the process is automated. 

 4. The tax credits can improve cash flow, allowing restaurants to reinvest savings into operations, staff training, or marketing efforts. 

 5. Restaurants often hire additional staff during peak seasons so, WOTC can help offset the costs associated with seasonal hiring. 

 Take 30 seconds to see your benefits at https://gmg.me/143862