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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WOTC In The News

Work Opportunity Tax Credits – WOTC in the news over the past month, word is still getting out that WOTC has been renewed, why businesses often overlook hiring tax credits, and find out about the California Enterprise Zone credits. WOTC Webinars March 2013 Free Webinar and Consult With WOTC Expert. Learn how to take full[…]

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Work Opportunity Tax Credits WOTC Webinar

WOTC Webinars April 2013

Free Webinar and Consult With WOTC Expert Learn how to take full advantage of your WOTC Tax Credits. Learn about new legislation, what’s upcoming and how much you could potentially save using the WOTC. Call CMS toll-free at 1-800-517-9099 or select a webinar below to speak to a WOTC expert. Upcoming Work Opportunity Tax Credit[…]

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WOTC In The News

The first month of the new year brought with it the news of the American Taxpayer Relief Act of 2012 being passed by Congress and renewing the Work Opportunity Tax Credit through 2013, and retroactively for 2012. We’re also watching the news for updates on the proposed Hurricane Sandy Tax Relief Act. WOTC In The[…]

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Walmart Has Big Plans To Hire Veterans

This week retail giant Wal-Mart made a big promise to veterans. America’s largest private employer is offering a job to any recent military vet who wants one. Wal-Mart’s five year plan promises a job to any veteran who has been honorably discharged from active duty within the past 12 months. In doing so, it would[…]

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Hurricane Sandy Tax Relief Proposed for People & Business impacted

New Legislation proposed for businesses in CT, NJ & NY affected by the tragedy of Hurricane Sandy On December 9th, 2012 Senator Charles Schumer (D-NY) and Senator Robert Menendez (D-NJ) introduced legislation to reduce taxes for individuals and businesses in the Hurricane Sandy Disaster Areas. The proposal, among other things, calls for a hiring incentive[…]

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Hurricane Sandy and WOTC

Earlier this week Senators Charles Schumer and Robert Menendez announced comprehensive legislation to reduce the tax burden on those financially impacted by superstorm Sandy in October 2012. The proposal is called “The Hurricane Sandy and National Disaster Tax Relief Act of 2012.” The legislation will include a new Work Opportunity Tax Credit category for new[…]

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American Taxpayer Relief Act of 2012

Brian Kelly with CMS states that under the new ‘‘American Taxpayer Relief Act of 2012’’, H.R. 8 Senate Amendments. Employment tax credits for employers have been renewed though the end of 2013. Work opportunity tax credit. This bill extends for two years, through 2013, the provision that allows businesses to claim a work opportunity tax[…]

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Tax Relief Act Passed by House – WOTC Extended through 2013

The American Taxpayer Relief Act of 2012, which passed the Senate early Tuesday morning, and is expected to be signed by President Obama, is a vehicle for a number of regular year-end tax extenders, including the Work Opportunity Tax Credit, through 2013. Congress also extended the “Indian employment credit” for businesses that hire individuals who[…]

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Merry Christmas!

Merry Christmas, Happy Holidays and Happy New Year from the CMS, iRecruit & WOTC team!

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