Criminal offenders find it difficult to find employment due to their past convictions.
Work Opportunity Tax Credit program
1996 Small Business Job Protection Act
The purpose of the credit is to encourage employers to hire certain population segments by providing them with an incentive. The segments of the population that the credit covers are SSI recipients, veterans, welfare recipients, ex-felons and individuals living in HUD-designated empowerment zones. An employer hiring an ex-felon can potentially receive a $2,400 tax credit for the year.
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