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 InvestmentNew Jobs Credit Oklahoma Digital Prairie 2023

2023-2025 Form

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[Music] hey everybody my name is kyle and this is your tuesday tax tip which is knowing about the work opportunity tax credit the work opportunity credit is a general business credit available for wages paid to certain individuals who begin work on or before december 31st of 2025 the work opportunity tax credit may be claimed by any employer that hires and pays or incurs wages to certain individuals who are certified by a designated local agency as being a member of one of ten targeted groups in general the work opportunity tax credit is equal to forty percent of up to six thousand dollars of wages paid to or incurred on behalf of an individual that fits these three categories they're in their first year of employment they're certified as being a member of a targeted group and they perform at least 400 hours of service for that employer that's it if you enjoyed this video please smash the like button click subscribe for more weekly content

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