Internal Revenue Service IRS Work Opportunity Tax Credit WOTC

Although not a direct grant, the WOTC provides a federal tax credit to employers who hire individuals from targeted groups, including disadvantaged veterans and those returning to work after a lapse. This incentive can financially support the implementation and sustainability of returnship programs by offsetting hiring costs.

Although not a direct grant, the WOTC provides a federal tax credit to employers who hire individuals from targeted groups, including disadvantaged veterans and those returning to work after a lapse. This incentive can financially support the implementation and sustainability of returnship programs by offsetting hiring costs.

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