Military Talent Source, LLC. > Posts tagged "hiring veterans"

Earn Federal Income Tax Credits for Hiring Veterans

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We all know and understand that it's a tight labor market right now. Because of that, recruiting costs and cost per hire numbers are going through the roof for employers. How would you like to recruit a highly qualified candidate at a reduced cost? How about even "making money" on recruiting? The Work Opportunity Tax Credit (WOTC) is a Federal tax credit available to employers who hire veterans. Each year, employers claim over $1 billion in tax credits under the WOTC program. WOTC reduces an employer’s cost of doing business. WOTC can reduce an employer’s federal income tax liability by as...

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