WOTC Questions: How many people a year qualify for the WOTC credit? I have seen a number as high as 1.5 million employees. Is this correct?

At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website’s chat box: CMS Says: According to the Department of Labor Work Opportunity Tax Credit Factsheet, for 2016, the latest complete year available, state workforce agencies issued 2,481,930 certifications. With the average tax credit[…]

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WOTC FAQ

WOTC Questions: Are Training Wages Eligible?

At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website’s chat box: CMS Says: Yes, every day an employee is paid for working for your company, those wages count towards your WOTC tax credits. Contact CMS Today to Start Saving! In our 21+[…]

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Brian Kelly CMS WOTC Work Opportunity Tax Credit Webinar

September 2019 Work Opportunity Tax Credit (WOTC) Webinar Schedule

Join our WOTC subject matter expert Brian Kelly this month to learn about the Work Opportunity Tax Credit (WOTC), how much employers can save when they hire, why the 28-day rule is so important to employers, and why there has never been a better time to take advantage of the Work Opportunity Tax Credit! Learn about what’s upcoming[…]

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WOTC FAQ

WOTC Questions: Is there any way to qualify for the WOTC if the employee was hired over 28 days ago?

At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website’s chat box: CMS Says: Unfortunately no. The WOTC 28-Day Rule applies. You must submit all WOTC applications within 28 days of the new hire’s start date, or they will not qualify. There are[…]

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WOTC FAQ

WOTC Questions: I’m a CPA How Can I Educate My Clients on WOTC?

At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website’s chat box: CMS Says: Learn the basics of WOTC such as the WOTC Target Groups, you can also download our CMS WOTC Brochure. CMS also provides webinar recordings targeted towards CPAs. There are[…]

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WOTC FAQ

WOTC Questions: I am applying for a job. On the WOTC, at the end it is asking for hire information. I’m not hired by the company I’m applying right now.

At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website’s chat box: CMS Says: Some employers do present the WOTC forms (8850 and 9061) to applicants as part of the application process, it’s completely normal to do so. However, the applicant is correct[…]

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WOTC FAQ

WOTC Questions: If someone checks off that they have a conditional certification for the Work Opportunity Tax Credit, how do I know what target group they are in?

At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website’s chat box: CMS Says: The ETA Form 9062 Conditional Certification will list the target group code. The employee will also have to complete the 8850 and 9061 forms, and the state workforce agency[…]

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Brian Kelly CMS WOTC Work Opportunity Tax Credit Webinar

August 2019 Work Opportunity Tax Credit (WOTC) Webinar Schedule

Join our WOTC subject matter expert Brian Kelly this month to learn about the Work Opportunity Tax Credit (WOTC), how much employers can save when they hire, why the 28-day rule is so important to employers, and why there has never been a better time to take advantage of the Work Opportunity Tax Credit! On August 7th, join[…]

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WOTC FAQ

WOTC Questions: Can I get a tax break for hiring food stamp recipients and a 75 year old man?

At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website’s chat box: CMS Says:  There is no current tax credit available that specifically applies to hiring someone over a certain age. You may be eligible for a WOTC credit for hiring a[…]

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WOTC FAQ

WOTC Questions: How long must an eligible employee work before a company can claim a WOTC Credit?

At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website’s chat box: CMS Says: This applies to all target group categories: The employee must work at least 120 hours for you to be eligible for a 25 per cent WOTC Tax credit from[…]

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