To qualify, employers must submit IRS Form 8850 and Department of Labor Form 9061 or 9062 to their state within 28 days of ...

Part of the massive domestic policy bill currently moving through Congress known as the “Big Beautiful Bill,” includes an unprecedented $5 billion national school voucher program. Republicans have ...

If you're a business owner, taking advantage of the Work Opportunity Tax Credit could result in saving thousands of dollars on your taxes. / Credit: Getty Images/iStockphoto If you're a business ...

The Work Opportunity Tax Credit is a federal income tax credit available to employers who hire candidates from certain target groups who have consistently faced significant barriers to employment.

According to the IRS's official website, penalties can be imposed on taxpayers who claim excessive refunds or credits. These ...

Internal Revenue Service. "Work Opportunity Tax Credit." Internal Revenue Service. "Instructions for Form 3800, General Business Credit." Pages 1, 3-4. Internal Revenue Service.