In May 2017, Blue Corporation hired Camilla, Jolene, and Tyrone, all of whom are certified as long-term family assistance recipients. Each employee is paid $12,000 during 2017.
a.Compute Blue Corporation's work opportunity tax credits for 2016 and 2017.
b.Assume Blue Corporation pays total wages of $500,000 to its employees during 2017. How much may Blue Corporation claim as a wage deduction for 2017 if the work opportunity tax credit is claimed?

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The Answer of In May 2017, Blue Corporation hired Camilla, Jolene, and Tyrone, all of whom are certified as long-term family assistance recipients. Each employee is paid $12,000 during 2017.
a.Compute Blue Corporation's work opportunity tax credits for 2016 and 2017.
b.Assume Blue Corporation pays total wages of $500,000 to its employees during 2017. How much may Blue Corporation claim as a wage deduction for 2017 if the work opportunity tax credit is claimed?

In May 2017, Blue Corporation Hired Camilla, Jolene, and Tyrone