The Workforce Opportunity Tax Credit (WOTC) is a federal tax credit that encourages employers to hire targeted groups of job seekers, including those with disabilities. WOTC can reduce employer federal tax liability by as much as $2,400 to $9,600 per new hire.
Get Started with WOTC
You must apply for and receive certification from the Colorado Department of Labor and Employment WOTC Unit, verifying that any new hire is a member of a WOTC target group before you can claim WOTC on the federal tax return. This must be done within 28 days of the new hire’s start date.