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  2. Why companies are turning to ex-cons to fill slots for workers

    www.aol.com/news/why-companies-turning-ex-cons...

    To stoke more action, the federal government is offering a tax incentive called the Work Opportunity Tax Credit for employers who hire and retain ex-felons, veterans and individuals from other ...

  3. Hiring Incentives to Restore Employment Act - Wikipedia

    en.wikipedia.org/wiki/Hiring_Incentives_to...

    Employers are eligible for a payroll tax credit when the employer hires certain new employees after February 3, 2010, and before January 1, 2011. [5] In order to take the payroll tax credit, the employee must have either been unemployed for at least 60 days prior to hire or worked fewer than 40 hours for another employer during the previous 60 ...

  4. Employment discrimination against persons with criminal ...

    en.wikipedia.org/wiki/Employment_discrimination...

    As of 2008, 6.6 to 7.4 percent, or about one in 15 working-age adults were ex-felons. [4] According to an estimate from 2000, there were over 12 million felons in the United States, representing roughly 8% of the working-age population. [5].In 2016, 6.1 million people were disenfranchised due to convictions, representing 2.47% of voting-age ...

  5. American Opportunity Tax Credit - Wikipedia

    en.wikipedia.org/.../American_Opportunity_Tax_Credit

    The total credit does not exceed $2,500. 40% of the credit is refundable. This tax credit is subject to a phase-out for taxpayers with adjusted gross income in excess of $80,000 ($160,000 for married couples filing jointly). The act directs several Treasury studies: Coordination with non-tax student financial assistance;

  6. Bipartisan legislation introduced to provide employers with ...

    www.aol.com/news/bipartisan-legislation...

    If approved, House Bill 1016 would provide tax credits for hiring veterans and spouses of active-duty personne ... would provide tax relief to employers hiring retired military. The move is one of ...

  7. The Complete Money Guide for Ex-Offenders - AOL

    www.aol.com/news/complete-money-guide-ex...

    The United States has a higher rate of incarceration per capita than any other nation: 698 of every 100,000 residents wind up behind bars. And when those offenders are released, they often face an ...

  8. Tax credit - Wikipedia

    en.wikipedia.org/wiki/Tax_credit

    The Work Opportunity Tax Credit (WOTC) is a federal tax credit providing incentives to employers for hiring groups facing high rates of unemployment, such as veterans, youths and others. WOTC helps these targeted groups obtain employment so they are able to gain the skills and experience necessary to obtain better future job opportunities.

  9. Tax Credits or Tax Deductions: Which Will Save You More? - AOL

    www.aol.com/tax-credits-tax-deductions-save...

    Your tax bracket is the one that applies to the last dollar you earned. So, if you had $40,000 in income, you’d be in the 12% tax bracket — your first $11,600 would be taxed at 10%, and your ...

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