--- title: Don't Miss the Work Opportunity Tax Credit description: Do your new hires make you eligible for the Work Opportunity Tax Credit? image: https://www.horizonpayrollsolutions.com/hubfs/images/Blog_Images/man-439040_640.jpg --- 1 min read # Don't Miss the Work Opportunity Tax Credit [ Scott Langer ](https://www.horizonpayrollsolutions.com/blog/author/scott-langer) : March 30, 2016 at 10:00 AM [Taxes](https://www.horizonpayrollsolutions.com/blog/topic/taxes) [Laws & Protections](https://www.horizonpayrollsolutions.com/blog/topic/laws-protections) Ever wonder how you can save money for your company? Here's one way, in four words: Work Opportunity Tax Credit. If you aren't getting it, you're losing out. What is the Work Opportunity Tax Credit, also known as WOTC? According to the [US Department of Labor](https://www.doleta.gov/business/incentives/opptax/eligible.cfm), the WOTC "is a Federal tax credit available to employers for hiring individuals from certain target groups who have consistently faced significant barriers to employment." These target groups include: - Unemployed or disabled veterans - Long-term unemployed (at least 27 consecutive weeks and receiving unemployment benefits) - Temporary Aid to Needy Families (TANF) recipients - Food stamp (SNAP) recipients - Ex-felons - Supplementary Security Income (SSI) recipients - Residents of Empowerment Zones or Rural Renewal Counties - Vocational Rehabilitation-referred individual - Summer youth employees residing in an Empowerment Zone Have you hired anyone from any of these categories? If the answer is "yes" for 2015, act now to ensure you're getting your tax credit. If you are uncertain, don't worry, we can help you figure that out at no cost to you. Fortunately, if you haven't already claimed a credit for this year, you have until June 30, 2016. Don't assume you can procrastinate next year, however. This grace period is going away.![man-439040_640.jpg](https://www.horizonpayrollsolutions.com/hs-fs/hubfs/images/Blog_Images/man-439040_640.jpg?width=400&name=man-439040_640.jpg "man-439040_640.jpg") As of July 1, 2016, you must claim your WOTC within the first 28 days of an eligible hire. So don't delay.  Don't think this opportunity is worth the trouble? Think again. You can earn back as much as $2,400-$9,600 on your tax credit**.** Need help navigating the WOTC? [Drop us a line](https://www.horizonpayrollsolutions.com/contact/request-info/).           [![Learn more about our payroll solutions](https://no-cache.hubspot.com/cta/default/1821703/e1842131-2e08-45e9-b45b-bee871824436.png)](https://cta-redirect.hubspot.com/cta/redirect/1821703/e1842131-2e08-45e9-b45b-bee871824436)   - [Tweet](https://twitter.com/share) [![A guide to employer tax credits in FFCRA and the CARES Act](https://www.horizonpayrollsolutions.com/hubfs/dollar.jpg) ](https://www.horizonpayrollsolutions.com/blog/ffcra-cares-act) 5 min read #### [A guide to employer tax credits in FFCRA and the CARES Act](https://www.horizonpayrollsolutions.com/blog/ffcra-cares-act) [Scott Langer](https://www.horizonpayrollsolutions.com/blog/author/scott-langer) : April 17, 2020 at 9:53 AM You’ve probably weathered many changes to your company and staffing recently. And that includes staying compliant with new legislation that requires... [Taxes](https://www.horizonpayrollsolutions.com/blog/topic/taxes) [Laws & Protections](https://www.horizonpayrollsolutions.com/blog/topic/laws-protections) [Read More](https://www.horizonpayrollsolutions.com/blog/ffcra-cares-act) [![Keeping up with Changing Compliance Requirements](https://www.horizonpayrollsolutions.com/hubfs/images/Blog_Images/tax-468440_640_2.jpg) ](https://www.horizonpayrollsolutions.com/blog/keeping-up-with-changing-compliance-requirements) 4 min read #### [Keeping up with Changing Compliance Requirements](https://www.horizonpayrollsolutions.com/blog/keeping-up-with-changing-compliance-requirements) ![Picture of Brad Johnson](https://www.horizonpayrollsolutions.com/hs-fs/hubfs/Horizon-Icon-Logo.png?width=30&name=Horizon-Icon-Logo.png) [Brad Johnson](https://www.horizonpayrollsolutions.com/blog/author/brad-johnson) : December 1, 2016 at 10:22 AM There were a few important alerts announced this month that change federal compliance for human resource management that may affect your company. We... [Taxes](https://www.horizonpayrollsolutions.com/blog/topic/taxes) [Hiring](https://www.horizonpayrollsolutions.com/blog/topic/hiring) [Laws & Protections](https://www.horizonpayrollsolutions.com/blog/topic/laws-protections) [Read More](https://www.horizonpayrollsolutions.com/blog/keeping-up-with-changing-compliance-requirements) [![Taxes, Wages and ACA Compliance: Don’t Drop the Ball in the New Year](https://www.horizonpayrollsolutions.com/hubfs/images/Blog_Images/emotions-2975395_1280.jpg) ](https://www.horizonpayrollsolutions.com/blog/taxes-wages-and-aca-compliance-dont-drop-the-ball-in-the-new-year) 5 min read #### [Taxes, Wages and ACA Compliance:  Don’t Drop the Ball in the New Year](https://www.horizonpayrollsolutions.com/blog/taxes-wages-and-aca-compliance-dont-drop-the-ball-in-the-new-year) [Kim Manning](https://www.horizonpayrollsolutions.com/blog/author/kim-manning) : December 20, 2017 at 12:22 PM 2018 is coming fast! Are you paying attention to the changes and deadlines that are right around the corner? Our tips will help you navigate... [Benefits](https://www.horizonpayrollsolutions.com/blog/topic/benefits) [Taxes](https://www.horizonpayrollsolutions.com/blog/topic/taxes) [Payroll](https://www.horizonpayrollsolutions.com/blog/topic/payroll) [Read More](https://www.horizonpayrollsolutions.com/blog/taxes-wages-and-aca-compliance-dont-drop-the-ball-in-the-new-year) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Scott Langer", "url" : "https://www.horizonpayrollsolutions.com/blog/author/scott-langer" }, "datePublished" : "2016-03-30T14:00:00.000Z", "headline" : "Don't Miss the Work Opportunity Tax Credit", "image" : [ "https://www.horizonpayrollsolutions.com/hubfs/images/Blog_Images/man-439040_640.jpg" ], "mainEntityOfPage" : { "@id" : "https://www.horizonpayrollsolutions.com/blog/dont-miss-work-opportunity-tax-credit", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://www.horizonpayrollsolutions.com/hubfs/Horizon-Logo-Official.png" }, "name" : "Horizon Payroll" } } ```