Learn how to create competitive employee benefits packages for your small business. Discover essential benefits, cost-effective strategies, and legal requirements in this blog post. Remember when employee benefits meant a gold watch after 30 years and maybe a decent healthcare plan? Those days are long gone. Today’s workforce expects everything from mental health support to ...
With the passage of the Coronavirus Aid, Relief, and Economic Security Act (CARES) in March of 2020, the main focus for business financial relief centered on the Payroll Protection Program. The goal of the program was to get money quickly to small businesses financially impacted by COVID-19, especially during the Spring 2020 government-mandated business closures. ...
It’s common for business leaders to find themselves in unfamiliar territory when it comes to their company’s taxes, and tax credits specifically. The Work Opportunity Tax Credit (WOTC) is one tax credit that many are underutilizing, meaning they are leaving money on the table when it comes time to do their taxes. WOTC helps transform ...
The Work Opportunity Tax Credit (WOTC) can help employers close the skills gap by encouraging them to hire applicants who often are overlooked, such as people with criminal histories, military veterans and the long-term unemployed. Here’s what employers should know about participating in the program. Target Groups The program was designed to encourage employers to hire workers ...
