Texas Workforce Commission’s Post

Employers! Here is a great opportunity to learn how to effectively expand your hiring pool! Consider Justice-impacted individuals. There are also ways to get tax incentives for adopting this practice.

I spoke with LOTS of US tax professionals in 2023. And guess what? Probably around 90% were not actively looking to make a career move when we spoke. In fact, it's not uncommon for me to have 2/3 or even 4 conversations over a 3-year span before someone decides it's the right time to move. Those catch-up calls in between are useful for both parties - I can better understand who they are and what will be the best fit for them. They can use the call to understand salaries, market trends, what perks competitors offer, if they want to work with me, etc. So, if I were going to offer advice to a UK/US Tax Associate at the early stage of their career, I would say to keep an open mind and maintain/build relationships with those outside of your firm.

Part one of our comprehensive guide on qualifying for the Work Opportunity Tax Credit (WOTC) is here, touching on the diverse groups eligible for this beneficial credit. From veterans to individuals facing barriers to employment, there's a wide range of potential qualifiers waiting to be identified. Stay tuned to learn how your company can qualify! #hrcommunity #hrinsights #hrexperts #taxcredits #taxexperts

For talent, it's important to know the differences between 1099 work and W2 employment. Understanding these classifications can help you better navigate your career path. Whether you want to know more about the tax implications or are interested in how each employment type supports job security and stability, Allegiance can answer your questions and help you advance. Learn more about the differences between 1099 and W2 work in our blog. https://bit.ly/48UJnwq #Career #CareerArc

Hey LinkedIn fam! I wanted to address a question that many of you have been asking me lately: "Can I receive tax incentives for implementing a second chance hiring program?" Well, the answer is YES! Let's dive into some key insights from my recent conversation on this topic. First and foremost, when it comes to hiring individuals who were formerly incarcerated, two essential factors come into play: the Work Opportunity Tax Credit and Federal Bonding. These are your golden tickets to unlocking valuable tax incentives for your company! But here's what matters even more than just tax benefits – ensuring that your second chance hiring program covers ALL aspects of re-entry and addresses the needs and wants of these individuals. It's not just about offering them a job; it's about providing comprehensive support. ⚫ Imagine this – someone walks out of prison eager to rebuild their life but faces challenges like lack of housing or transportation. Before they can even think about employment, they need basic necessities like a roof over their head and reliable means to get around town. So when building your second chance program, remember to consider these crucial avenues: → Housing: Connect with local resources or organizations that can help provide stable housing options. → Transportation: Explore partnerships with public transit systems or ride-sharing services so employees can commute without worrying about how to get there. → Support Services: Establish connections with programs that assist in obtaining mental health support, IDs, birth certificates, and other necessary documentation. ◆ By going beyond employment opportunities alone and addressing these critical areas upfront, you're truly setting up those who deserve another chance for success both inside AND outside the workplace! Remember - we all make mistakes in life; it's how we bounce back that counts. And as employers committed to making positive societal impact, it's our duty to provide the resources and support that can truly transform lives. So, my challenge to you today is this: if you haven't already, consider implementing a second chance hiring program within your organization. Let's create opportunities for those who are ready to turn their lives around! #SecondChanceHiring #EmploymentOpportunities #SocialImpact #TransformingLives

There are 340,000 fewer #accountants than five years ago, according to a Bloomberg analysis of data from the Bureau of Labor Statistics. And the talent pipeline is drying up. That's why learning to prepare #taxreturns is an essential #skill that can lead to #parttime or #fulltime #employment. Plus, your understanding may help you to not only save on #taxprep fees, but also identify #taxsaving strategies making you a #TaxSleuth! #Tax Course begins Oct. 8. https://buff.ly/3LVCWQt #LessTaxingLife #MoreProsperousSolutions #40Years #student #class #moms #retiree #job #work

Want to maximize your hiring budget and enrich workforce diversity? 🙋 The Work Opportunity Tax Credit is a win-win. Here's how employers can use it. Learn more: https://okt.to/3OE6z0 #taxcredits #hiring #WOTC #taxcredits

Want to maximize your hiring budget and enrich workforce diversity? 🙋 The Work Opportunity Tax Credit is a win-win. Here's how employers can use it. Learn more: https://okt.to/4dNSy7 #taxcredits #hiring #WOTC #taxcredits

Empower Your Team and Unlock Tax Savings! 💼 💡 Did you know that hiring individuals referred from Vocational Rehabilitation services not only empowers your workforce 💪 but also offers valuable benefits to your business? These individuals include talented, motivated people with diverse abilities who are ready to contribute to your team and succeed in the workplace. By hiring through Vocational Rehabilitation, you're not just filling a position—you're creating a more inclusive and dynamic work environment. Plus, your business could be eligible for a Work Opportunity Tax Credit (WOTC) of up to $2,400 per qualified employee. 🎉 It's a win-win: build a stronger team and boost your bottom line! To learn more: https://lnkd.in/e6s8kNzU #OhioMeansJobs #OttawaCounty #InclusiveWorkplace #EmpowerYourTeam #StrongerTogether #DidYouKnow #WorkforceWednesday

Want to maximize your hiring budget and enrich workforce diversity? 🙋 The Work Opportunity Tax Credit is a win-win. Here's how employers can use it. Learn more: https://okt.to/DsBYZv #taxcredits #hiring #WOTC #taxcredits