Notice 2021-43, issued on August 10, 2021, provided transition relief by extending the 28-day deadline for employers hiring individuals who are Designated Community Residents or Qualified Summer Youth Employees who begin work on or after January 1, 2021, and before October 9, 2021, to submit a completed Form 8850 to the designated local agency (DLA) no later than November 8, 2021.
116-260) authorized the extension of the WOTC until December 31, 2025. The Consolidated Appropriations Act, 2021 (Section 113 of Division EE P.L. WOTC joins other workforce programs that incentivize workplace diversity and facilitate access to good jobs for American workers.
The Work Opportunity Tax Credit (WOTC) is a Federal tax credit available to employers for hiring and employing individuals from certain targeted groups who have faced significant barriers to employment.
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