Page 19 - Small BusinessTax Credits
P. 19
- Finding work can be a hard for
anybody and certain groups face
even bigger challenges. The Work
Opportunity Tax Credit is
extended through the end of 2025
to help employers that hire
workers certified as members of
these groups that face barriers to
The Work
employment:
Opport unit y Tax
- People who receive:
Credit helps
- Long-term family assistance
businesses t hat - Long-term unemployment
hire from eligible - Supplemental Nutrition
groups Assistance Program benefits
- Supplemental Security
Income
small businesses - Temporary Assistance for
Needy Families
- Formerly incarcerated individuals
- Qualified unemployed veterans,
including disabled veterans
- Designated community residents
living in Empowerment Zones or
Rural Renewal Counties
- People referred to vocational
rehabilitation programs
- Summer youth employees living in
Empowerment Zones