The Work Opportunity Tax Credit (WOTC) represents one of today’s most significant, yet consistently underutilized, employer incentive programs. With credits reaching $9,600 per eligible hire, this federal initiative offers substantial cost recovery opportunities that thousands of businesses forfeit annually due to administrative complexity, regulatory requirements, and process gaps.
Universal Background Screening (UBS) has established a strategic partnership with VerifyToday to address these challenges, delivering a comprehensive solution that transforms WOTC tax credit optimization from an administrative burden into a streamlined savings opportunity.
The WOTC Implementation Gap
Three primary factors prevent organizations from maximizing WOTC benefits:
- Knowledge barriers exist across many HR departments, where teams remain unaware that recently hired candidates may qualify for significant tax credits.
- Time constraints create critical challenges, as IRS Form 8850 requires submission within 28 days of hire date. This non-negotiable deadline eliminates credit eligibility when missed.
- Administrative complexity overwhelms internal resources, as documentation requirements and compliance protocols demand specialized expertise that most organizations lack in-house.
These factors combine to create a scenario where eligible tax savings remain uncaptured despite clear financial benefits.
The Strategic Partnership Advantage
The UBS and VerifyToday collaboration delivers a comprehensive, managed WOTC solution that removes operational complexity while ensuring maximum credit capture.
This partnership provides organizations with:
- Demonstrated financial returns through typical credits ranging from $1,200–$2,400 per qualifying employee, with premium positions eligible for the full $9,600 credit
- Performance-based engagement eliminating upfront investment risk through fees applied exclusively to successfully captured credits
- Expert compliance management covering all certifications, regulatory filings, and audit defense requirements
- Executive-level visibility via integrated dashboards that track qualifying hires and quantify realized savings in real time
Aaron Charbonnet, Chief Revenue Officer at UBS, explains the strategic value: “By incorporating WOTC into our comprehensive solution portfolio, we’re enabling companies to optimize both their hiring decisions and the financial returns from those investments.”
Travis Knotts, Chief Revenue Officer at VerifyToday, reinforces this perspective: “WOTC represents one of the most underutilized employer benefits available today. Our partnership ensures organizations capture every eligible dollar while significantly reducing administrative overhead.”
A Proven Path to Results
The strategic imperative is clear: WOTC delivers too much value to ignore, and the UBS-VerifyToday partnership makes capture more achievable than ever. By integrating specialized compliance expertise with intuitive technology platforms, we’ve developed an approach that allows organizations to maintain focus on their workforce while systematically maximizing available tax benefits.
Implementation Strategy
Download the WOTC Eligibility Checklist to assess your organization’s qualification potential, or request a comprehensive WOTC assessment from UBS to quantify specific savings opportunities for your business.
Administrative complexity should not prevent your organization from accessing earned tax benefits. Through the UBS and VerifyToday partnership, you gain both compliance confidence and a proven partner committed to delivering measurable ROI.
