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Tax Credit Information

Tax credits, both federal and state, are benefits employers receive when they hire applicants through the One Stop Career Center. We can provide information regarding the incentives available and those applicants who qualify for the programs. Several programs are currently available to employers. Contact us at (856) 696-5660 x248 for the most current programs. Our knowledgeable staff can assist you with completing the required forms. For you convenience the forms packet is available for download below.

Work Opportunity Tax Credit (WOTC) Program

This is a one year federal program which offers tax incentives for employers to hire individuals from certain targeted groups, for example:

  • low-income and/or welfare individuals
  • ex-felons
  •  individuals with disabilities
  •  veterans who have received food stamps
  •  summer youth

Hiring workers from any of the targeted groups can earn an employer a WOTC of up to $2,400 for the first year of employment.

The number of new hires who can qualify employers for these tax credits is unlimited. The WOTC replaces the Targeted Job Tax Credit (TJTC).

Welfare-To-Work Tax Credit (WTW) Program

Those qualifying for the Welfare-To-Work Tax Credit include Temporary Assistance to Needy Families (TANF) recipients receiving benefits for 18 consecutive months prior to hire date.

Empowerment Zone Employment Tax Credit (EZ-ETC) Program

Those qualifying for the Empowerment Zone Employment Tax Credit must live in the empowerment zone on designated streets to qualify for the program.

Empowerment Zone Wage Credit (EZ-WC) Program

Those qualifying for the Empowerment Zone Wage Credit must line in the zone and work for an employer located in the empowerment zone