We would like to remind customers that are doing lots of hiring this spring and summer seasons to remember the WOTC 28 Day Rule.
CMS has just 28 days from the employee’s start date to submit your forms to the respective state agency for processing.
Don’t Miss Out on Tax Credits!
Missing the 28 day window means missing out on tax credits. Qualified individuals from any target group automatically become ineligible. This means potentially missing out on a $2,400 credit, or higher if the employee is a qualified veteran.
If you are using paper/fax/mail to send your WOTC forms (8850 and 9061) please give yourself a few extra days in order to make sure the forms are submitted in time. Ideally, we should receive them within 21 days of the new hire’s start date.
Customers using our secure web portal or 24-hour call center, please make sure the employee completes the survey, on the phone or on the web, as soon as possible after being hired.
Customers using iRecruit with electronic onboarding, can also use iRecruit to send the WOTC questionnaire to the new hire along with your other new hire documents.
About CMS
CMS is a full employment tax credit service designed to help employers obtain federal credits. To speak to an expert or ask a question please call (860) 269-0958 or contact us here.