The Work Opportunity Tax Credit, known as #WOTC, is a federal tax credit available to employers who hire individuals from disadvantaged groups of workers. Including WOTC Screening can save an employer significant amounts of money. WOTC Screening is used to determine if a new hire is a member of one of the Work Opportunity Tax[…]
The Work Opportunity Tax Credit, known as #WOTC, is a federal tax credit available to employers who hire individuals from disadvantaged groups of workers. Including WOTC Screening can save an employer significant amounts of money. WOTC Screening is used to determine if a new hire is a member of one of the Work Opportunity Tax[…]
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 that we try to answer: I work with prisoner re-entry, and I help get them back to work, I was looking up the WOTC and how much an employer can[…]
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 that we try to answer: Who are the target groups that qualifies for WOTC? CMS Says: There are ten target groups for WOTC. The most certified group nationwide is the[…]
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 that we try to answer: I am an ex-felon. Can I let an employer know they can get a tax credit for hiring me? CMS Says: Yes, absolutely. Employers are[…]
Are there locations in the US that employers would not qualify to receive the “incarcerated” credit? 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 address, so[…]
Is there a Pennsylvania State Tax Credit for Hiring Ex-Offenders? At CMS, as 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 address, so we were unable to reply directly to them. The WOTC[…]
The February 2012 issue of HR Magazine features an article by Eric Krell discussing the merits of hiring ex-offenders. The feature discusses the legal aspects, including all the risks and rewards and how you can help by hiring an ex-offender. For WOTC purposes an Ex-felon is described as “An individual convicted of a felony and[…]
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[…]