The Work Opportunity Tax Credit (WOTC) is a federal tax credit available to employers for hiring individuals from certain target groups who have faced significant barriers to employment. The WOTC module in Virtual OneStop manages the application process, including Power of Attorney, giving employers and Third Party Administrators (TPAs) the ability to register within the system to process their applications for tax credits.
The WOTC module has been designed to make the online tax credit process easy for all user groups that are involved. Agents have full access to the tools they need to represent employers and submit tax credit requests. Employers can also utilize the system to showcase their interest in hiring individuals from specified targeted groups so they can apply for the tax credit.
and Assist with Employer Tax Credit Management