QUESTIONS? CALL: (800) 655-5281Login to WOTC Status Tracker

WOTC Planet

  • Tax Benefits
    • Reasons to WOTC
    • Employee Retention Credit
    • Military Veterans
  • How We Serve
    • Ways to WOTC
  • Marketplace
    • Marketplace Partners
  • Accountants
  • Resources
    • Frequently Asked Questions
  • About Us
    • Testimonials
  • Blog
Find My Tax Credits

Iowa’s Special Tax Benefit Helps Ex-offenders and Small Employers

Thursday, 25 July 2019 by Duane Jess

Photography by Suzy Hazelwood.

According to the U.S. Department of Justice, more than 10,000 former prisoners are released every week across America. They need jobs. In fact, the Prison Policy Initiative reports that 2 years after release, more than 30% are still unemployed.

Gratefully, the State of Iowa offers a special tax benefit to small businesses that hire ex-felons residing in that state. In addition to the federal Work Opportunity Tax Credit (WOTC), Iowa small businesses can receive a tax deduction of up to $20,000 per qualifying hire. Since this is a deduction (not a tax credit), the actual tax effect depends on the business’ tax rate.

(more…)

ex-offenderIowaSmall BusinessWork Opportunity Tax CreditWOTC
Read more
  • Published in Work Opportunity Tax Credit
No Comments

Proposed Senate Bill to Support both Hiring Military Spouses and Childcare Spending Options

Tuesday, 16 July 2019 by Duane Jess

Building on the success of the Work Opportunity Tax Credit (or WOTC), Senator Tim Kaine (D-VA) introduced a bill to expand employment opportunities for military spouses.

Expanding WOTC

Known as the Jobs and Childcare for Military Families Act of 2019, Senate Bill 1802 would recognize “Qualified Military Spouse” as a new WOTC program target group.

(more…)

Jobs and Childcare for Military Families Act of 2019Small BusinessWork Opportunity Tax CreditWOTC
Read more
  • Published in Work Opportunity Tax Credit
No Comments

Alabama Legislature Passes Full Employment Act of 2011 – New Jobs Credit for Businesses

Friday, 03 June 2011 by Vaughn Hromiko

Following is a recent  press release from the office of Alabama Governor Robert Bentley.
June 2, 2011
Governor Bentley Praises Legislature for Passing Full Employment Act of 2011
MONTGOMERY- Governor Robert Bentley today praised the Alabama Legislature for today’s passage of the Full Employment Act of 2011.  The Governor introduced the Act in March as his centerpiece legislation to help small businesses hire employees. The Full Employment Act of 2011, sponsored by State Representative Blaine Galliher and State Senator Arthur Orr will provide a one time tax credit to small businesses who hire additional employees. (more…)

AlabamaAlabama Full Employment Act of 2011Governor Robert BentleyJobsJobs CreationReemployment Act of 2010Representative Blaine GalliherSenator Arthur OrrSmall Business
Read more
  • Published in Alabama, Uncategorized
No Comments
Click Here to Find Your Tax Credits

Free WOTC Eligibility Analysis

 

  • Privacy Policy
  • WOTC Planet Blog
  • Society for Human Resource Management SHRM
  • National Restaurant Association
  • California Hotel & Lodging Association
  • California Lodging Industry Association

Hromiko & Associates, LLC BBB Business Review

Contact us

T (800) 655-5281
Email: inquire@wotcplanet.com

WOTC Planet
PO BOX 41159
Sacramento CA 95841

Open in Google Maps

  • GET SOCIAL
WOTC Planet

Copyright © 2019 | Hromiko & Associates, LLC. The WOTC Planet logo is a service mark of Hromiko & Associates, LLC

TOP