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US 20040049457A1 (19) United States (12) Patent Application Publication (10) Pub. No.: US 2004/0049457 A1 (43) Pub. Date: Garrison et al. (54) PAYMENT REMITTANCE PROCESSING WHEN ACCOUNT SCHEMING FAILS
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we srwotk stands for Work Opportunity Tax Credit (WOTC).
Employers who hire individuals from certain target groups who have consistently faced significant barriers to employment.
Employers can fill out the necessary forms and submit them to the appropriate state workforce agency.
The purpose of WOTC is to encourage employers to hire individuals from targeted groups who have historically faced barriers to employment.
Employers must report information about the qualifying employee hired, including their target group eligibility.
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