News / 15th July 2012

Work Opportunity Tax Credit (WOTC)

Omnie Solutions (I) Pvt Limited builds an application to calculate Work Opportunity Tax Credit (WOTC) for Honkamp Krueger which is a Top 100 CPA and business consulting firm in the U.S. and the second fastest growing firm in the Midwest.

The Work Opportunity Tax Credit (WOTC) is a Federal tax credit incentive that US Government provides to employers for hiring individuals from certain target groups who have consistently faced significant barriers to employment.

Honkamp Krueger recoups the WOTC for hundreds of business across the United States. The new application has reduced the processing time. Today hundreds of WOTC applications are processed concurrently using the system build by Omnie. The system auto generates the tax credit based on the rules created.

Team Omnie realized the importance and sensitivity of the data being processed early in the project. They ensured that they studied the current WOTC system and the current regulations in order to design the application and imbed the government norms into the system. The application is built on .Net 4.0 framework and uses MS SQL 2008 Server.