Ways and Means Committee approved the JOBS for Success Act (H.R. 5861)

The JOBS for Success Act, sponsored by Chairman Kevin Brady (R-TX) and Human Resources Subcommittee Chairman Adrian Smith (R-NE), reauthorizes the Temporary Assistance for Needy Families (TANF) program in order to help close the jobs gap – the difference between employers’ increasing demand for workers in a strong economy and the relatively low percent of[…]

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WOTC Statistics: Kentucky 2016 – 2017

State of Kentucky issued 30 percent more Workforce Opportunity Tax Credits to employers in fiscal year 2017 The Kentucky Career Center (KCC) reports this week that they have issued 53,398 Workforce Opportunity Tax Credits (WOTC) to Kentucky employers during fiscal year (FY) 2017, a 30 percent increase from the 41,098 issued in FY 2016, according[…]

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WOTC Questions FAQ

WOTC Questions: How do you calculate first and second year credit?

At CMS, as WOTC experts and service providers since 1997, we receive a lot of questions via our website. This week we received a great question that, surprisingly, we don’t hear that often: How do you calculate first and second year credit? Firstly, in order to be eligible for a two-year WOTC credit, the new[…]

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