Work Opportunity Tax Credit
The PATH Act extended the Work Opportunity Tax Credit for five years AND expanded the definition of eligible employees to include the long-term unemployed. If you’re considering hiring someone who falls in one of the targeted groups, don’t hesitate to contact your trusted advisor at Edelstein to ensure all requirements are met in order to claim a federal income tax credit between $2,400 and $9,600 for each qualified new hire.
Posted In: Alerts & Advisories, News
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