Employer New Hire Tax Credits

I. Federal Employment Tax Credits

A. Work Opportunity Tax Credit (WOTC)
  1. Two types of WOTC: one geography based and one for targeted demographic groups
  2. Up to $ 2,400.00 per eligible employee
B. Welfare to Work Tax Credit (WTW)
  1. Targeted demographic groups
  2. Up to $ 8,500.00 per eligible employee
C. Empowerment Zone Employment Credit (EZEC)
  1. Geography based
  2. Up to $ 3,000.00 per eligible employee
D. Renewal Community Employment Credit
  1. Geography based
  2. Up to $ 1,500.00 per eligible employee
E. Indian Employment Credit
  1. Both geography based and targeted demographic groups
  2. $ 2,000.00 + per eligible employee

II. State Credits and Incentives

A. Hundreds of incentives nationwide including:
  1. WOTC piggy back credits
  2. State enterprise zones
  3. Jobs and training incentives
  4. Capital investment credits