WorldWide Drilling Resource

26 AUGUST 2017 WorldWide Drilling Resource ® the maximum tax credit - if the individual works at least 400 hours. In the second year, an employer may claim a tax credit equal to 50% of the second-year wages, up to the maximum tax credit, if the individual works at least 400 hours. For all other targeted groups, the credit is based on the individual’s hours worked and the wages earned in the first year. If, for example, the individual works at least 120 hours, the employer may claim a tax credit equal to 25% of those first-year wages up to the maximum tax credit. There is no limit on the number of qualified individuals a business can hire, making the WOTC a significant option for any business. Still, the WOTC was extended through 2019, giving employers several more years of tax incentives for hiring eligible workers. Will your drilling operation join other businesses claiming their share of over $1 billion in tax credits under the WOTC program? Mark Mark E. Battersby may be contacted via e-mail to michele@worldwidedrillingresource.com Battersby cont’d from page 16. The 2017 NDA (National Drilling Association) Convention will be held September 21-22, at the Royal Plaza Hotel & Trade Center in Marlborough, Massachusetts. The event starts with a golf outing on Thursday morning. Cocktails and visiting with exhibitors is 5-6 p.m. in the display area. The President’s Dinner and “Murder Mystery” starts at 6:30, followed by award presentations and Chinese raffle at 8 p.m. Friday’s seminars abound, including information on rig safety and maintenance; SPT (standard penetration test) drilling and sampling; electronic logging devices; and core drilling. Don’t miss it! Visit www.nda4u.com for more information. Where are you planning to go? How about including this show: See more events online at www.worldwidedrillingresource.info/Planning8-17.pdf Join WWDR W