Work Opportunity Tax Credit
DID YOU KNOW?
Tax Credits are available for hiring persons with disabilities – up to:
-
$2400 for each new adult hire
-
$4800 for each new disabled veteran hire
-
$9000 for each new long-term family assistance recipient hired over a two-year period
All new adult employees must work a minimum of 120 or 400 hours.
The credit is 25% of qualified first-year wages for those employed at least 120 hours but fewer than 400 hours and is 40% for those employed 400 hours or more.
A Cornerstone Services staff member is available to answer your questions about tax credits. Please call us with your questions.
Career Solutions
Cornerstone Services, Inc.
800 Black Rd., Joliet, IL 60435
(815)727-6694