Helping companies succeed.

 

There are 4 types of Federal Tax Credits that are administered by  CFO Resources, Inc. - Tax Credits Division

  1. WOTC - Work Opportunity Tax Credits - 8 targeted groups, up to $2,400 per person for the first year.

  2. W2W - Welfare to Work Tax Credits - for long-term welfare recipients.  Companies can claim up to $8,500 per employee over a two year period.

  3. Empowerment Zones Tax Credits - Depending on where the employee lives can earn a company up to $3,000 per year in tax credits.

  4. Enterprise Community Tax Credits - Similar to Empowerment Zones, most states have programs to incent employers to hire individuals that live in certain Federally or State designated Enterprise Communities.

 

 

 

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