The Work Opportunity Tax Credit (WOTC) is a federal tax credit for businesses hiring and retaining individuals who have consistently faced significant barriers to employment. These groups of individuals are determined by Congress with the hope that the workers will move from economic dependency to self-sufficiency as they obtain employment and earn a steady income. WOTC is one of many workforce programs that incentivize workplace diversity and facilitate access to good jobs for American workers. Participating employers are able to reduce their income tax liability; the maximum tax credit per worker ranges from $1,200 to $9,600, depending on the employee hired.
Clarus Solutions is dedicated solely to helping businesses and communities maximize the multi-faceted benefits of WOTC. Clarus has developed a process for all businesses to take advantage of the financial benefits available through WOTC and the use of an online survey to screen all applicants for potential WOTC eligibility. Clarus will work with businesses to certify all eligible workers, and make sure the business is in compliance with all requirements necessary to receive the federal tax benefits. Businesses will see the direct impact of hiring decisions on their bottom line. All services are delivered without fixed costs, and fees are contingent upon certified tax credits for the employer.
The SkillSource Group, Inc., the non-profit entity of the Northern Virginia Workforce Development Board (Local Workforce Area #11), operates six (6) Northern Virginia One-Stop Employment Center centers. Knowledgeable center staff assist employers, job and career seekers, and young adults with a comprehensive range of free employment, training, and career development services. One-Stop Centers use public Workforce Innovation and Opportunity Act (WIOA) dollars and other funding sources to provide employment services to local workers and employers throughout the region.