Tax Incentives
Almost all of the individuals that CVS supports in finding employment would make an employer eligible for the Work Opportunity Tax Credit. Under this program employers can receive tax credits up to:
The total tax credit available is equal to 25% of qualified first year wages for employees who worked between 120 and 400 hours and 40% for those who worked more than 400 hours. CVS is experienced in helping employers complete the necessary steps to be eligible for these credits and can answer any questions you might have. For more information on WOTC please visit http://www.doleta.gov/business/incentives/opptax/.
