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Finding a job can be challenging—and for certain groups, it can be even harder. To encourage hiring, the Work Opportunity Tax Credit (WOTC) is available for employers who hire individuals from groups that have historically faced barriers to employment.
For many new grads and other people entering the workforce for the first time, filling out new hire paperwork can be confusing—what’s a W-4, anyway? New employees should ensure they understand their tax situation and do some planning now, so they’re in good shape at tax time next year. It’s important to know the correct…