SWAIN CONSULTING
Helping Federal Government Employees and others achieve
financial security throughout their lifetime.
513.418.3882
WOTC
What is WOTC?
The Work Opportunity Tax Credit is a federal tax incentive available to employers that hire from ten target categories that typically face a significant barrier to employment. The main goal of WOTC is to enable these groups to become economically self-sufficient taxpayers themselves, and the employers are then rewarded for reducing the costs of social programs.
Who uses it?
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Warehousing
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Retail
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Restaurants/Food Service
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Logistics
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Employment Services
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Manufacturing
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Janitorial Services
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Landscaping
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Medical/Healthcare
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..and many more
What are the categories?
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Long-Term Unemployed
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Long-Term TANF
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Unemployed Veterans
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TANF Recipients
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SNAP (Food Stamps)
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Designated Community Residents (Rural Communities)
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Vocational Rehabilitation Referred Individuals
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Ex-Felons
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Supplemental Social Security Income Recipients
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Summer Youth