We talked about the Work Opportunity Tax Credit, or WOTC, in our previous post Hidden Tax Credits for Caregivers: How Caregivers & CNAs Could be Worth Even More to Your Business. If you don’t currently file for WOTC, you could be leaving cash on the table. How can this credit be a part of your Caregiver recruitment process to open an extra revenue stream for your business?
We recently held a webinar on these Tax credits for Caregivers. This webinar focuses on how to maximize profit in your business when recruiting Caregivers. You can catch a replay of the webinar below, and I’ve pulled a few interesting highlights:
40% of new hires are eligible
We estimate that 40% of all Caregivers and CNAs are eligible for this credit nationwide. The exact percentage in your area may vary, but any agency hiring CNAs and Caregivers stands to benefit.
Credits range from $2,400-$9600
That’s no chump change! WOTC isn’t a deduction, but rather a dollar for dollar credit making it a must-add for all Home Care Recruitment. Imagine what that extra revenue could mean!
To get all the info, check out the WOTC Home Care Webinar Replay here. The quick, 10 minute video walks you through what you need to know to get started. You can download our WOTC Home Care Guide here as well.
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