SNAP Recipients
Recently, we wrote an article, outlining the nine Work Opportunity Tax Credit (WOTC) target groups. Here we’ll be focusing on one of the higher volume target groups, SNAP or what was formerly known as food stamp beneficiaries. SNAP participants can qualify your company for as much as $2400 per eligible hire. The requirements to qualify are twofold: Candidates…
Read articleSNAP: A Huge Part of WOTC Tax Credits
The WOTC program includes many target groups. Among these are SNAP (Supplemental Nutrition Assistance Program) recipients, or persons receiving food stamps. It’s highly likely that you may have hired a SNAP recipient or member of a qualified household. According to USDA statistics, in fiscal year 2014, SNAP recipients represented over $10 billion in available tax…
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