FLIGHT Helps You Receive a Significant Federal Tax Credit

June 28, 2018

The Work Opportunity Tax Credit (WOTC) could provide a 25-40% federal tax credit when you hire employees from specific groups. Applying for WOTC can be daunting because employers must avoid discrimination: You can’t ask if someone is in a targeted group before you hire them. Because you can’t ask, you may not know if a potential employee qualifies. So why bother worrying about WOTC?

Because if just one employee falls into a WOTC targeted group, you could receive a significant tax credit that makes applying worthwhile.

The good news is there is an easy way to avoid discrimination and automatically apply for the tax credit: FLIGHT.

FLIGHT is PaySmart’s employee onboarding product. When a new employee is hired, they go online through FLIGHT to complete all their new hire paperwork. Not only can they complete W-4, I-9, and direct deposit information, they will also be asked questions to see if they fall into a WOTC targeted group. If they do, FLIGHT automatically submits the application to the government. It can’t get much easier than that!

What else can FLIGHT do to make your life easier? It streamlines and simplifies the employee onboarding process by:

  • Selecting the forms an employee needs to complete – keeping you compliant.
  • Allowing you to customize questions and documents – to tailor information for each employee.
  • Storing important forms and documents online – keeping your employment files up-to-date.
  • Providing information to PaySmart once the employee has completed the online process.

FLIGHT takes the headaches out of bringing new employees on board and applying for WOTC.