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Leader in Tax Credit Management Technology Integrates Tax Planning and Prep to Help SMBs Optimize their Finances

Columbus, OH – March 12, 2024 – Today, Arvo Tech, creator of the tax strategy solution for small businesses, is announcing the acquisitions of Mark Murphy and Associates and Lee and Associates, full-service accounting firms dedicated to helping companies maximize their financial futures. By integrating comprehensive tax planning into its leading platform for simplifying access to federal and state incentive programs, Arvo is delivering an end-to-end solution that helps small businesses manage all aspects of their financial operations, including planning for the future.

 

Reintegrating into society after incarceration can be a difficult journey for individuals with criminal records. To support their successful reentry and reduce recidivism rates, programs like the Work Opportunity Tax Credit (WOTC) offer a way and hope. Let’s explore the significance of WOTC for ex-felons, highlighting how it can create employment opportunities and foster their path toward a brighter future.

 

 

Hiring and retaining productive employees is crucial for any business’s success. The Work Opportunity Tax Credit (WOTC) program offers more than just tax incentives to employers.

In a tight labor market where finding qualified candidates is a challenge, employers must adopt innovative strategies to gain a competitive edge. One such strategy is targeting WOTC-eligible employees—individuals from specific target groups who face barriers to employment.

Are you taking full advantage of your Work Opportunity Tax Credit (WOTC) program? If not, it’s time to explore how integrating your payroll system can boost the effectiveness and efficiency of your WOTC program.

Retaining employees is not only essential for maximizing your work opportunity tax credits, but for your long-term success and stability of your organization.

The Work Opportunity Tax Credit, or WOTC, is a federal tax credit available to businesses hiring individuals from targeted groups who consistently face barriers to employment.

The Work Opportunity Tax Credit (WOTC) is a federal tax credit that encourages employers to hire individuals from targeted groups who may face barriers to employment. The program provides a tax credit to employers who hire individuals from targeted groups, such as veterans, ex-felons, long-term unemployed individuals, and individuals with disabilities. In this article, we will examine the impact of WOTC on job seekers from targeted groups.