Tax Credits and Other Programs

Secure your business with Tax Credits and Other Programs accessible through CareerSource Citrus Levy Marion.

CareerSource Citrus Levy Marion works with businesses in many ways. Businesses taking advantage of our services not only gain access to qualified job candidates, they also may qualify for special hiring and training incentives

Federal Bonding Program

The Federal Bonding Program is an incentive program that allows businesses to hire with limited liability to their business at-risk job applicants. A Federal Fidelity Bond, supplied by Travelers Insurance Co., is an insurance policy that protects the business in case of any loss of money or property due to a bonded employee’s dishonesty e.g., theft, forgery, larceny or embezzlement. The bond does not cover liability due to poor workmanship, job injuries or work accidents. Existing employees who need bonding services to avoid layoff or to secure a promotion are also eligible.

The program has had a 99 percent success rate over the course of 52,000 job placements made for ex-offenders. All businesses are eligible for bonding services. Bonds can be issued as soon as the applicant has a job offer and a scheduled start date. Bonds are in units of $5,000 and provide coverage for a six-month period.

To apply for a bond, visit Bonds 4 Jobs, or to learn more about how to take advantage of this program, contact a CareerSource CLM Business Representative at (352) 873-7955.

Work Opportunity Tax Credit (WOTC)

The Work Opportunity Tax Credit (WOTC) is a federal income tax credit that provides incentives to private, for-profit businesses to encourage the hiring of individuals from targeted groups of job seekers who traditionally have difficulty finding employment.

Learn About WOTC

Other Grants Programs

Through our partnership with CareerSource Florida, additional programs are available to businesses seeking to relocate and/or train existing employees through their Florida Flex program and/or Quick Response Training.

FloridaFlex

The FloridaFlex program offers businesses in Florida or relocating to Florida a completely integrated talent support solution to help them compete and grow.

Whether your business needs help recruiting specialized talent, hiring new team members, training existing employees, or all three, FloridaFlex can help. Our team of business and economic development professionals can offer expertise, funding and resources – including labor market data – to help businesses succeed.

FloridaFlex Info

Quick Response Training

New businesses or those relocating to or expanding in Florida may be eligible for grant dollars to help pay for training new employees.

The Quick Response Training program is a state-funded grant program that provides funding to qualifying businesses to train their net new, full-time employees. Funding is provided in the form of a performance-based reimbursable grant, for a 12-month maximum term. A business pays for pre-approved, direct training-related costs and is reimbursed by CareerSource Florida, through the fiscal agent, upon submission of required documentation.