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Tax Incentives

The Work Opportunity Tax Credit (WOTC) is a Federal tax credit incentive that the Congress provides to private-sector businesses for hiring individuals from twelve target groups who have consistently faced significant barriers to employment. Many of our candidates qualify for WOTC funding from the government. As a result, your business qualifies for a tax credit should your hire one of our candidates.

WOTC can offer the following:
  • $2,400 generally for each adult new hire
  • $4,800 for each new disabled veteran hire
  • $9,000 for each long term TANF user over a 2-year period.
Download the WOTC Fact Sheet from the Department of Labor's Website.

The process takes 3 simple Steps:

  1. Complete page 1 of IRS form 8850:
    1. Click Here to Download IRS form 8850
    2. Form 8850 is given to the potential hire with their application. It will allow you to know prior to hire, if the applicant falls into one of the qualifying groups for WOTC credit. (If they check yes to #3, #4, or #5 they qualify!)
  2. Complete the Employment and Training administration's "Individual Characteristics Form" ( form 9061):
    1.  Click here to download this form.
    2. The new hire completes this form, which asks them little info.  It is a one page form.
  3.  Mail the signed & dated IRS and ETA form to the State WOTC coordinator no later than 28 days after the new hire begins work.
    1. They will send you certification or denial on the applicant.  The credit your company will receive is a tax credit that will be seen at year’s end offsetting your tax liability through form #584. (the size of the credit depends on the length of employment)
    2.  Mail the forms to the following address:
                    Helene Law
                    Employment Security Commission
                    1550 GADSDEN STREET
                    P.O. BOX 1406
                    COLUMBIA, SC 29202
                    803-737-2594
                    803-737-0140 Fax
                    hlaw@sces.org
  • For A full 50-state directory of WOTC coordinators click here.

             






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