CMS WOTC Target Groups

The Work Opportunity Tax Credit’s Ten Target Groups Slide Show

The Work Opportunity Tax Credit’s Ten Target Groups from Cost Management Services Learn about the ten Work Opportunity Tax Credit Target Groups in this slide share from Cost Management Services. WOTC is a federal Tax Credit for businesses who hire individuals who fall under one of these target groups that include veterans. Contact CMS Today[…]

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WOTC FAQ

WOTC Questions: Which employees are eligible?

How do I know which employees are eligible? At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website. CMS Says: There are nine target groups of employees who are eligible: Veterans TANF Recipients SNAP (Food Stamp) Recipients Designated Community Residents (living in[…]

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WOTC FAQ

WOTC Questions: Hitting the 400 Hours for Maximum Credit

Once an employee hits the 400 hours mark can an employer continue to earn tax credits on them or have they hit their max? At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website. In the case of the above question, the[…]

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WOTC FAQ

WOTC Questions: Can an employee who qualifies for more than one target group receive multiple tax credits or just one?

Can an employee who qualifies for more than one target group receive multiple tax credits or just one? At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website. In the case of the above question, the sender did not provide their email[…]

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WOTC By The Numbers: WOTC Certifications Issued by Target Group 2008-2012

Free Webinar and Consult With WOTC Experts Learn how to take full advantage of your WOTC Tax Credits. Call CMS toll-free at 1-800-517-9099 or fill in the form below to speak to a WOTC expert. On an annual basis State Workforce Agencies (SWAs) must report their Work Opportunity Tax Credit volume to the Department of[…]

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WOTC Target Groups: Long-Term Family Assistance Recipient

Target Group Name Long-Term Family Assistance Recipient Target Group Definition A member of a family who has received TANF for at least the last 18 consecutive months ending on the hire date; OR for any 18 months beginning after 8/5/97, and was hired within two years of the 18th month; OR stopped being eligible for[…]

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WOTC Target Groups: Unemployed Veteran

Target Group Name Unemployed Veteran Target Group Definition An individual who was discharged or released from active duty in the Armed Forces at any time during the five-year period ending on the hire date; AND received unemployment compensation under State or Federal law for not less than four weeks during the one-year period ending on[…]

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WOTC Target Groups: Title IV-A Recipient

Target Group Name: Title IV-A Recipient Target Group DefinitionA member of a family who received Temporary Assistance to Needy Families (TANF) for any nine out of the 18 month period ending on the hire date. Maximum Amount of Credit40% of first-year Qualifying Wages for those new hires employed at least 400 hours; 25% of first-year[…]

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WOTC Target Groups: Ex-Felon

Target Group NameEx-Felon Target Group Definition An individual who was convicted of or released after serving time for a felony within one year prior to the hire date. Maximum Amount of Credit 40% of first-year Qualifying Wages for those new hires employed at least 400 hours; 25% of first-year Qualifying Wages for those new hires[…]

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WOTC Target Groups: Qualified Veteran

Target Group Name Qualified Veteran Target Group Definition An individual who served at least 180 days of active duty and is a member of a family who received SNAP for at least three consecutive months during the 15-month period ending on the hire date. Maximum Amount of Credit 40% of first-year Qualifying Wages for those[…]

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