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Save Money by Hiring Eligible Workers
You may qualify for tax incentives by hiring certain classifications of workers:
- Work
Opportunity Tax Credit -
- You can save as much as $2,100 in taxes when you hire an
eligible worker in one of eight targeted groups of job seekers. All it takes is one simple
form.
- Welfare-to-Work Tax
Credit -
- This program encourages businesses to hire long-term welfare recipients and
can reduce your federal tax liability by as much as $8,800 per new hire.
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