At the Hickman County Workforce Employer Outreach Committee today, Roger Littlejohn with Tennessee Department of Labor & Workforce Development explained how employers could take advantage of the Work Opportunity Tax Credit on their federal income tax liability. If an employer hires someone that can be certified (a simple process) as being part of a target group, the tax credit can be claimed. According to the Work Opportunity Tax Credit page on the Tennessee Department of Labor & Workforce Development website, during federal FY06, “Tennessee Department of Labor and Workforce Development issued 26,151 federal Work Opportunity Tax Credit (WOTC) certifications and 14,248 Welfare-to-Work (WtW) Tax Credit certifications representing in excess of $150 million in potential federal income tax savings to Tennessee employers.”
The Hickman County Workforce Employer Outreach Committee quarterly luncheon meetings are open to all employers. Previous topics have included worker compensation law, business tax incentives, Illegal Alien Employment Act, Tennessee OSHA (Occupational Safety & Health Act), drugfree workplace, and Wage Regulation & Child Labor Laws.
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