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Work Opportunity Tax Credit Essentials: Maximize Benefits for Your Clients

WORK OPPORTUNITY TAX CREDIT ESSENTIALS: MAXIMIZE BENEFITS FOR YOUR CLIENTS

Available Date(s)
Thursday, February 20, 2025: 3:00PM EST

Cost Free
CPE Credits 1.0 hour
Subject Area 1.0 - Taxes (Federal Tax)
CE Credits 1.0 hour
Course Id# - HURS9-T-01792-25-O
Course Level Basic
Instructional Method Group Internet Based
Prerequisites None
Advanced Preparation None
Course Description

This course offers a comprehensive overview of the Work Opportunity Tax Credit (WOTC) program. Participants will explore the tax credit's eligibility criteria, program benefits, and application process. Additionally, recent legislative changes will be highlighted, providing insight into targeted groups eligible for tax credits. By the end of this session, attendees will be equipped with the knowledge to evaluate how the WOTC program can benefit their organization and navigate the application and certification process effectively.

Learning Objectives:


  • Describe the fundamentals of the Work Opportunity Tax Credit (WOTC) program

  • Identify the eligibility criteria for employers and targeted groups under the WOTC

  • Outline the application and certification process for the WOTC

  • Evaluate recent legislative changes affecting the WOTC program

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Mike is a State and Local Tax Partner at Armanino and leads the Indirect Taxes and Credits & Incentives practices. He advises clients on state and local tax matters related to administrative audits, corporate and personal income, property, sales and use, payroll, and business licenses. While starting with a holistic approach to an organization’s multistate tax considerations, Mike also provides guidance concerning individual jurisdictions. He has extensive experience before California taxing agencies, including the California Franchise Tax Board, the California State Department of Tax and Fee Administration, and the California State Board of Equalization.

A frequent author and speaker on SALT issues, Mike has published in numerous national tax publications and has been invited to speak for various associations. He has also been quoted by national publications including NPR’s Marketplace and Law 360. Before joining Armanino, Mike spent his career in the state and local tax groups at global law firms.
 

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Sharvil is a State and Local Tax Director at Armanino and helps to co-lead the Credits & Incentives practice. Sharvil brings over 18 years of multistate tax experience including income, franchise, property, and sales tax. Focusing on driving the most value for clients and assisting in services to review, he has negotiated and secured various U.S. federal, state, and local credits and economic incentives. He has served as an expert to companies in multiple industries, including energy, manufacturing, warehousing, distribution, aerospace, data centers, telecommunications, technology, and fintech. Over his career, he has helped clients secure over $500M+ in savings through statutory credits and discretionary incentives for income, sales, and payroll taxes and through cash grants or utility savings. Before joining Armanino, Sharvil worked for several Big 4 Accounting Firms.
 

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Frequently Asked Questions
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CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

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CPAacademy.org (Sponsor Id#: HURS9) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

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About Our Sponsor

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TriNet provides small and midsize businesses with an HR solution so they can free themselves from the complexities of HR and focus on their goals. As their trusted HR business partner, TriNet assumes many of the responsibilities of being an employer and helps these companies contain HR costs, minimize employer-related risk, and relieve the administrative burden of HR. TriNet offers bundled HR products, along with additional cloud products and strategic services, resulting in a comprehensive and empowering solution.