HARTFORDBUSINESS.COM | FEBRUARY 10, 2025 23
FOCUS | ACCOUNTING
To claim WOTC, employers must
file IRS Form 8850 and supporting
documentation within specific dead-
lines. Integrating WOTC screening
into the hiring process can help
manufacturers seamlessly access
these savings.
Energy credits
As federal energy policies shift,
manufacturers can still find valu-
able opportunities at the state and
local levels.
In Connecticut, organizations like
the Connecticut Green Bank and local
utility providers offer programs that
support renewable energy adoption
and energy efficiency improvements.
These may include rebates for
energy-efficient upgrades and incen-
tives for renewable energy projects.
Manufacturers can decrease oper-
ational costs by taking advantage of
these programs.
Brenden Healy, CPA, is a partner
at Whittlesey, one of New England's
largest regional accounting firms.
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