America’s Heroes at Work – Veteran’s Hiring Toolkit
Hiring Our Heroes is a initiative to help veterans, transitioning service members, and military spouses find meaningful employment opportunities.
Torrance One Stop Business & Employment Center
1220 Engracia Ave.
Torrance, CA 90501
310 - 680 - 3830 Phone
800 - 735 - 2922 CRS
[email protected]
A cooperative partnership of business, employment development, education, training, local government, public as well as non-profit organizations, committed to developing job skills, abilities and attitudes essential for participation in today's workplace. We take great pride in the results that we have achieved and continuously strive to surpass our goals.
South Bay Workforce Investment Board
11539 Hawthorne Boulevard,
Hawthorne, CA 90250
Phone: 1-310-970-7700
Fax: 1-310-970-7711outh Bay Workforce Development Board
www.sbwib.org
The primary objective of the SBWIB is to provide policy guidance which will allow the staff to create an environment where every person maximizes his or her career potential, and all employers have the human resources they need to grow and prosper.
Caljobs
Mission: California’s workforce system supports economic vitality by connecting people, training, and work”
www.Caljobs.org
Tax Credits for Hiring a Veteran
The Work Opportunity Tax Credit (WOTC) is a Federal tax credit available to employers who hire veterans and individuals from other eligible target groups with significant barriers to employment. Each year, employers claim over $1 billion in tax credits under the WOTC program. The success and growth of this income tax credit for business is beneficial for all who participate, while increasing America’s economic growth and productivity.
How WOTC Works For You
How to Apply
Information and Resources
Visit the WOTC web-site, http://www.doleta.gov/wotc, for more information on eligibility requirements, how to apply for the tax credit, and WOTC contacts in your state.
Visit the IRS web-site, http://www.irs.gov, for more information on how to claim the tax credit
Hiring Our Heroes is a initiative to help veterans, transitioning service members, and military spouses find meaningful employment opportunities.
Torrance One Stop Business & Employment Center
1220 Engracia Ave.
Torrance, CA 90501
310 - 680 - 3830 Phone
800 - 735 - 2922 CRS
[email protected]
A cooperative partnership of business, employment development, education, training, local government, public as well as non-profit organizations, committed to developing job skills, abilities and attitudes essential for participation in today's workplace. We take great pride in the results that we have achieved and continuously strive to surpass our goals.
South Bay Workforce Investment Board
11539 Hawthorne Boulevard,
Hawthorne, CA 90250
Phone: 1-310-970-7700
Fax: 1-310-970-7711outh Bay Workforce Development Board
www.sbwib.org
The primary objective of the SBWIB is to provide policy guidance which will allow the staff to create an environment where every person maximizes his or her career potential, and all employers have the human resources they need to grow and prosper.
Caljobs
Mission: California’s workforce system supports economic vitality by connecting people, training, and work”
www.Caljobs.org
Tax Credits for Hiring a Veteran
The Work Opportunity Tax Credit (WOTC) is a Federal tax credit available to employers who hire veterans and individuals from other eligible target groups with significant barriers to employment. Each year, employers claim over $1 billion in tax credits under the WOTC program. The success and growth of this income tax credit for business is beneficial for all who participate, while increasing America’s economic growth and productivity.
How WOTC Works For You
- WOTC reduces an employer’s cost of doing business, requires little paperwork, and applying for WOTC is simple.
- WOTC can reduce an employer’s federal income tax liability by as much as $9,600 per veteran hired.
- There is no limit on the number of individuals an employer can hire to qualify to claim the tax credit.
- Certain tax-exempt organizations can take advantage of WOTC by receiving a credit against the employer’s share of Social Security taxes.
How to Apply
Information and Resources
- Complete IRS Form 8850 by the day the job offer is made.
- Complete ETA Form 9061, or complete ETA Form 9062 if the employee has been conditionally certified as belonging to a WOTC target group by a State Workforce Agency, Vocational Rehabilitation agency, or another participating agency.
- Submit the completed and signed IRS and ETA forms to your State Workforce Agency. Forms must be submitted within 28 calendar days of the employee’s start date.
- Wait for a final determination from your State Workforce Agency. The determination will indicate whether the employee is certified as meeting the eligibility for one of the WOTC target groups.
- After the target group employee is certified by the State Workforce Agency, file for the tax credit with the Internal Revenue Service.
Visit the WOTC web-site, http://www.doleta.gov/wotc, for more information on eligibility requirements, how to apply for the tax credit, and WOTC contacts in your state.
Visit the IRS web-site, http://www.irs.gov, for more information on how to claim the tax credit