I was reminded today of the Work Opportunity Credit, a federal tax credit that provides a reward for employers that hire employees from targeted groups. Members of targeted groups include Hurricane Katrina employee, Long-term family assistance recipient hired after December 31, 2006, Qualified recipient of Temporary Assistance for Needy Families (TANF), Qualified veteran, Qualified ex-felon, Designated community resident, Vocational rehabilitation referral, Summer youth employee, SNAP recipient, SSI recipient, Unemployed veteran, or Disconnected youth.
It may be worth checking out as many employers have saved significantly by participating. For specific information on the targeted groups and more info on the credit, check out the IRS Work Opportunity Credit page.
