Work Opportunity Tax Credit

Business / Human Resources (HR) / Work Opportunity Tax Credit: The Work Opportunity Tax Credit (WOTC), authorized by the Small Business Job Protection Act of 1996 (P.L. 104-188), is a federal tax credit that encourages employers to hire nine targeted groups of job seekers by reducing employers’ federal income tax liability by as much as $2,400 per qualified new worker; $750, if working 120 hours or $1,200, if working 400 hours or more, per qualified summer youth.

Other Words for Credit

Credit Noun Synonyms: belief, faith, trust, credence
Credit Verb Synonyms: ascribe, acknowledge, attribute, assign, impute
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Other Words for Opportunity

Opportunity Adjective Synonyms: chance, occasion, opening, possibility, moment, time, break
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Other Words for Tax

Tax Noun Synonyms: assess, exact, demand, charge, impose or levy a tax (on), tithe
Tax Adjective Synonyms: levy, impost, duty, tariff, assessment, tribute, toll, excise, customs, charge, contribution, scot, tithe, octroi, cess, rate(s), dues
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Other Words for Work

Work Noun Synonyms: labour, toil, effort, drudgery, travail, exertion, industry
Work Verb Synonyms: feat, achievement, creation, accomplishment, opus, handiwork, oeuvre, production, composition, piece, master-work, masterpiece, chef-d'oeuvre, magnum opus, output
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Semi-Skilled Worker

Business / Human Resources (HR) / Semi-Skilled Worker: Semi-skilled workers have to be able to read, write and communicate but are usually not required to have educational or apprenticeship credentials to qualify for jobs. Training time is short, task sp MORE

Sender Policy Framework (SPF)

Technology / Email / Sender Policy Framework (SPF): A protocol used to eliminate email forgeries. A line of code called an SPF record is placed in a sender's Domain Name Server information. The incoming mail server can verify a sender by reading the SP MORE

Self-Employment Tax

Business / Finance / Self-Employment Tax: A tax self-employed people must pay to qualify them to receive Social Security benefits at retirement. MORE

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