ASK MICKEY: I own a small business and looking for Tax Credits. Can you suggest a good one?
ANSWER: Look into The Work Opportunity Tax Credit (WOTC) program. It’s a federal tax credit available to employers if they hire individuals from specific targeted groups. The employee groups are those that have had significant barriers to employment. It can reduce an employee’s federal tax liability up to $9,600 per employee. This tax credit program has been extended until December 31, 2025. contact
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