Maximize Your Tax Savings with the Work Opportunity Tax Credit
Hire Smarter, Save More. Unlock WOTC Benefits with Ryze
Empower your business growth while boosting your tax savings. Ryze helps you unlock financial benefits through the Work Opportunity Tax Credit (WOTC). By focusing on hiring from targeted groups, you not only build a stronger team but also access valuable tax incentives.
Let Ryze manage the complexities of WOTC so you can optimize your workforce strategy and maximize your success.
Let Ryze Elevate Your Business.
What Is The Work Opportunity Tax Credit
The Work Opportunity Tax Credit (WOTC) is a federal program that rewards businesses for hiring from targeted groups facing employment challenges. With credits up to $9,600 per eligible hire, it reduces your tax liability while fostering inclusive hiring practices.
Expert Guidance to Maximize WOTC Benefits
Hiring employees from designated groups facing barriers to employment comes with unique financial opportunities. Our team specializes in identifying and securing the WOTC savings your business qualifies for, ensuring no opportunity is missed.
Eligibility Assessments
Ryze reviews your workforce to identify all employees who qualify under the WOTC program, ensuring no eligible hires are overlooked.
Streamlined Application Process
We manage the submission of IRS forms to state workforce agencies, simplifying the complex application process and ensuring timely filings.
Compliance Assurance
Our experts ensure your business stays aligned with the latest WOTC eligibility criteria and reporting standards, delivering 100% compliance every time.
Credit Tracking and Reporting
Gain actionable insights with custom reporting that tracks approved tax credits and quantifies the financial impact on your business.
Who Is Eligible
WOTC Benefits Are Available For:
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Businesses hiring veterans, SNAP recipients, or individuals facing long-term unemployment.
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Employers hiring employees from targeted groups under WOTC guidelines.
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Companies looking to reduce tax liabilities while supporting inclusive hiring.
Estimate Your WOTC Opportunity
Curious about how much you might be leaving on the table? This WOTC Calculator provides a quick estimate of your potential tax credit savings based on your annual hiring numbers.
While the estimate is just a starting point, our team is here to help you maximize your WOTC benefits, ensuring you claim the largest credits possible for your business.
How It Works
Ryze At A Glance
Why Choose Us
When you partner with Ryze, you gain access to a team of professionals dedicated to your business’s success. Here’s why businesses trust us:
Unmatched
Expertise
Personalized
Support
Up-to-Date
Guidance
Performance-Based
Partnership
Ryze At A Glance
More About Ryze
Ryze is the result of merging two companies into a powerful, integrated service that simplifies compliance and tax credit management. Our mission is to help businesses scale effortlessly by streamlining compliance and leveraging expert tax credit strategies to unlock financial rewards, driving smarter, more profitable growth.
I-9 Verification & Compliance
Tax Credits & Incentives
I-9 Verification & Compliance
Tax Credits & Incentives
Don’t Miss Out on Valuable Tax Savings with WOTC
Partner with Ryze to simplify the process and maximize your benefits. Let us handle the paperwork so you can focus on growing your business.
FAQs
If your business hires employees from specific targeted groups identified by the WOTC program, you may qualify. Ryze will assess your hiring practices and help confirm eligibility.
Yes, but the process can be complex. Working with Ryze ensures that you don’t miss out on any eligible credits and avoids costly errors during the certification and filing process.
Targeted groups include veterans, individuals receiving government assistance (such as SNAP or TANF), ex-felons, long-term unemployed individuals, and other groups facing barriers to employment as defined by the IRS.
The timeline depends on the certification process with the state workforce agency and your tax filing schedule. Ryze works diligently to expedite the process and ensure timely filing for your credits.
Savings vary by employee group, with credits ranging from $1,200 to $9,600 per eligible hire. Ryze will assess your eligibility and calculate your potential savings to maximize your benefits.