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How to Use the Work Opportunity Tax Credit to Recruit and Offer a Hiring Bonus

Gene Marks, Host of On the Mark

Podcast •
7:54
Min • Season 
3
 | Episode 
102
 • Published: 10/20/2022
Gene Marks, Host of On the Mark

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Summary

Filling open jobs in a tight labor market is difficult, but there are resources available that can help your business recruit and even provide hiring bonuses with the funds. By hiring candidates from certain eligible groups such as military veterans or even ex-felons, you can reduce your taxes from anywhere between $2,400 and $9,600 per employee by using the Work Opportunity Tax Credit. Gene Marks shares his insights on additional benefits in this week’s episode.

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