WOTC Questions: How often do we have to send payroll data?

At CMS, as Work Opportunity Tax Credit “WOTC” subject matter experts and service providers since 1997, we receive a lot of questions via our website and through the webcasts we attend. This week’s WOTC Question actually comes from one of our customers:

How often do we have to send payroll data?

CMS says as service providers for WOTC administration, we track the hours and wages of employees ONLY after we receive the certification from the state workforce agency. In most situations payroll data will be requested by your Account Administrator on an ad hoc basis. Alternatively, you can provide this data monthly, or quarterly, based on your own preference.

A typical report will include the following:

  • Company
  • Location
  • Start Date
  • Employee Name
  • Employee Address
  • Wages-to-Date
  • Hours-to-Date
  • Term Date (if no longer employed)

CMS will track the hours and wages until the employee reaches the maximum credit for their target group.

Note you can track the value of credits in real-time on your Work Opportunity Tax Credit (WOTC) dashboard in your account.

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