WOTC Wednesday CMS Brian Kelly

WOTC Wednesday: Why Use a WOTC Screening Service Instead of Doing It Yourself

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Why Use a WOTC Screening Service Instead of Doing It Yourself CMS Responds: Why should I use a WOTC screening service like yours, obviously CMS’s, when I can do it myself? The reason why you’d choose us is because it’s[…]

WOTC Wednesday: How many WOTC Tax Credit Target Groups are there?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: How many Work Opportunity Tax Credit Target Groups are there? CMS Responds: The Work Opportunity Tax Credit is a federal hiring incentive designed to get folks from target groups back into the workforce. The target groups are: Snap or[…]

WOTC Wednesday CMS Brian Kelly

WOTC Wednesday: How are Work Opportunity Tax Credits Calculated?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: How are the Work Opportunity Tax Credits Calculated? CMS Responds: The Work Opportunity Tax Credit is calculated based on three different variables. First the employee has to qualify for one of the ten target groups.  secondly they have to work[…]

WOTC Wednesday: Are salaried/exempt employees eligible for the Work Opportunity Tax Credit?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Are salaried/exempt employees eligible for the Work Opportunity Tax Credit? CMS Responds: Absolutely. It doesn’t matter what the wages are, or the job hired into. What matters is that the employee qualifies in one of the ten targeted groups.[…]

WOTC Wednesday CMS Brian Kelly

WOTC Wednesday: Can my family members qualify for the Work Opportunity Tax Credit?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Can my family members qualify for the Work Opportunity Tax Credit? CMS Responds: Unfortunately, even if a family member was in one of the ten target groups, they would not qualify since they are related to you. That includes[…]

WOTC Wednesday CMS Brian Kelly

WOTC Wednesday: Can employers of any size utilize the Work Opportunity Tax Credit?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Can employers of any size utilize the Work Opportunity Tax Credit?  CMS Responds: Absolutely. The Work Opportunity Tax Credit is not limited by the size of the employer in any way. CMS helps small companies with 50 or more employees,[…]

WOTC Wednesday CMS Brian Kelly

WOTC Wednesday: Are rehires eligible for the Work Opportunity Tax Credit?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Are rehires eligible for the Work Opportunity Tax Credit? CMS Responds: No, they would not qualify. The (WOTC) program is designed to get new hires back into the workforce. So rehires don’t count.   About Our WOTC Screening Services[…]

WOTC Wednesday CMS Brian Kelly

WOTC Wednesday: Is there a limit to how many WOTC credits I can claim each year?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Is there a limit to how many WOTC credits I can claim each year? CMS Responds: No, you can claim as much as your tax liability for that respective year. If you have 100,000 in taxable liability, you can[…]

WOTC Wednesday CMS Brian Kelly

WOTC Wednesday: What is the Work Opportunity Tax Credit?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: What Is the Work Opportunity Tax Credit? CMS Responds: The Work Opportunity Tax Credit is a federal hiring incentive designed to get folks from 10 targeted groups back into the workforce. The financial incentive is between $2,400 and $9,600 depending on[…]

WOTC Wednesday CMS Brian Kelly

WOTC Wednesday: What is the Work Opportunity Tax Credit amount for hiring an Ex Felon?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: What is the Work Opportunity Tax Credit amount for hiring an Ex Felon? CMS Responds: A “qualified ex-felon” is a person hired within a year of being convicted of a felony or being released from prison for a felony. The[…]