Manage ACA Costs With Work Opportunity Tax CreditsM


This ASA webinar was brought to you by the ASA Industrial section

 Industrial Section


The Work Opportunity Tax Credit is a federally funded program that provides tax credits to private sector businesses that hire individuals from targeted groups of unemployed workers. Participating employers that hire qualified individuals receive tax credits that cut their tax liability on a dollar-for-dollar basis. The effect of these tax credits is significant for staffing firms, which report an annual average net profit of 2%. WOTC target groups include military veterans, people who receive public assistance, and residents of designated distressed communities—likely candidates for staffing firms that provide light industrial staffing services. In this ASA webinar, Kendra Strickland of MaxServices Group will share the best strategies for implementing a WOTC program.

Increased costs associated with the Affordable Care Act can be offset with an effective WOTC program. Alden Bianchi, leader of Mintz Levin’s employee benefits and executive compensation practice, will discuss ACA compliance and cost management tactics, focus in on how a WOTC program could help your firm balance the costs associated with health care reform. Staffing firms that are seeking innovative strategies to manage the financial effects of the ACA shouldn’t miss this webinar.


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