K&F News Brief: The IRS Reminds Businesses Of The Work Opportunity Tax Credit
In its September 7, 2022, Tax Tip (Tip 2022-137), the IRS reminds employers of the sometimes overlooked work opportunity tax credit (WOTC). Extended through the end of 2025, the WOTC incentivizes businesses to hire individuals certified as members of ten groups that normally face significant obstacles to employment. These are: