Many small to midsized restaurant operators are overlooking a key tax incentive from the federal government: the Work Opportunity Tax Credit (WOTC). WOTC reduces the federal tax liability of for-profit employers who hire staff from these 11 targeted groups: • qualified Temporary Assistance to Needy Families recipients • qualified veterans/disabled veterans • unemployed veterans • qualified ex-felons • qualified residents of an Empowerment Zone, Renewal Community or Rural Renewal County • ...
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