WOTC definition
Examples of WOTC in a sentence
Work Opportunity Tax Credit (WOTC) – a Federal tax credit available to employers for hiring individuals from certain target groups who have consistently faced significant barriers to employment, including individuals with disabilities who have completed, or are completing, rehabilitative services.
Make information available to the business regarding Work Opportunity Tax Credit (WOTC).
The Contractor shall provide information to employers about financial incentives and services such as the Work Opportunity Tax Credit (WOTC) and subsidized or partially subsidized wage programs.
Information shall include, but not be limited to, American with Disabilities Act (ADA), tax credit programs, tax incentives, payroll tax incentives, Alien Labor Certification, disability insurance, employment law, labor market information, and work opportunity tax credit (WOTC).
The liability of ADP under this Agreement for damages under any circumstances for claims of any type or character arising from or related to the WOTC Services will be limited in each instance to the amount of actual damages incurred by Client, provided however, that in no event will the aggregate liability hereunder of ADP, as it relates to liability arising from or related to the WOTC Services, exceed Two Thousand Five Hundred U.S. Dollars ($2,500.00) per calendar year.
ADP’s fees for the WOTC Services are included in the per employee, per month fees set forth in the Pricing Addendum.
Client is solely responsible for causing its participating job applicants to screen for WOTC eligibility on or before the day the applicant is offered employment with Client.
The maximum WOTC for hiring a qualifying veteran generally is $6,000.
All WOTC screening and related activities will occur and be provided exclusively through ADP’s integrated, electronic screening method, and unless otherwise specified by ADP, all WOTC-related forms will be electronically signed by or on behalf of Client and its applicants and employees, as applicable.
The WOTC Services will be provided by ADP through an environment hosted by or on behalf of ADP in the United States.