WOTC 28 Day Rule Extended Due to COVID-19

WOTC 28-Day Filing Deadline Extended by the IRS

To help taxpayers, the Department of Treasury and the Internal Revenue Service announced on April 9th that Notice 2020-23 (PDF) extends additional key tax deadlines for individuals and businesses. Last month, the IRS announced that taxpayers have until July 15, 2020, to file and pay federal income taxes originally due on April 15. No late-filing penalty,[…]

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President Trump Signs Spending Bill, WOTC Renewed through December 31st, 2020

As a leading provider of Work Opportunity Tax Credit (WOTC) administration services, Cost Management Services (CMS) has been diligently watching the renewal status of the Work Opportunity Tax Credit all year long. This week both the House and Senate voted to approve H.R. 1865, Further Consolidated Appropriations Act, 2020, which includes a one-year extension for[…]

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Employers Have More Time to Claim 2014 WOTC Tax Credits

Yesterday, the IRS announced that it would extend the time employers have to claim the Work Opportunity Tax Credit (WOTC) for 2014 hires. Form 8850, Pre-Screening Notice and Certification Request for the Work Opportunity Credit is normally due within 28 days of the employee’s start date. (Notice 2015-13 PDF). Under the extension, employers who hire[…]

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IRS Extends Time To File WOTC Paperwork

On Friday, the IRS released notification that it was extending the time employers who want to claim the work opportunity tax credit (WOTC) have to file Form 8850, Pre-Screening Notice and Certification Request for the Work Opportunity Credit (Notice 2013-14 PDF). Form 8850 is normally due within 28 days of an employee’s start date. The[…]

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