WOTC Wednesday CMS Brian Kelly

WOTC Wednesday: Which U.S. State Issued the Most Amounts of WOTC Tax Credits?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question:  Which State Issued the Most Amounts of WOTC Tax Credits? CMS Responds: Which state issues the most amounts of WOTC Tax Credits? Actually, it follows our population. The top three are Texas, California and Florida. States that issued the most[…]

WOTC Wednesday CMS Brian Kelly

WOTC Wednesday: What If Company Did Not Make Enough Money to Use WOTC Tax Credits?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question:  What If My Company Did Not Make Enough Money to Use WOTC Tax Credits This Year?   CMS Responds: What Happens If My Company Did Not Make Enough Money to Use WOTC Tax Credits This Year? The good news is[…]

WOTC Wednesday CMS Brian Kelly

WOTC Wednesday: Is there any way to still qualify for WOTC if employee was hired more than 28 days ago?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Is there any way to still qualify for WOTC if the employee was hired over 28 days ago?   CMS Responds: Unfortunately no. You hired that person 28 days or after then you lose that opportunity for you to receive[…]

WOTC Wednesday CMS Brian Kelly

WOTC Wednesday: Do I Submit WOTC Forms Before or After the Employee Reaches 120 Hours?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Do I Submit WOTC Forms Before or After the Employee Reaches 120 Hours? CMS Responds: One of the WOTC questions we get is “Do I Submit the WOTC Forms After the Employee Reaches 120 Hours or Before?” So, I think[…]

WOTC Wednesday CMS Brian Kelly

WOTC Wednesday: Can I Still Get WOTC Tax Credit for an Employee Who Only Worked for Two Weeks?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Can I Still Get WOTC Tax Credit for an Employee Who Only Worked for Two Weeks?   CMS Responds: Can I still get tax credits if my employee only works two weeks? It doesn’t really matter how many weeks somebody[…]

WOTC Wednesday CMS Brian Kelly

WOTC Wednesday: Three Questions About the Work Opportunity Tax Credit and Hiring Veterans

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Question One: How Many Veterans Are Hired Each Year That Qualified for WOTC? CMS Responds: Do you know how many Veterans are hired each year with the assistance of the WOTC program? Well, we do know that answer. It’s actually between 150,000 to 200,000[…]

WOTC Wednesday CMS Brian Kelly

WOTC Wednesday: Do employers get a WOTC Tax Credit for Hiring Individuals With Disabilities?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Do employers get a WOTC Tax Credit for Hiring Disabled Individuals? CMS Responds: Question we get is “Do companies get a tax credit, or tax break for hiring disabled individuals?” And the answer is absolutely. That’s one of the areas[…]

WOTC Wednesday CMS Brian Kelly

WOTC Wednesday: Is it worth it for employers to do the Work Opportunity Tax Credits?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Is it worth it for employers to do the Work Opportunity Tax Credits?   CMS Responds: Is it Worth it for Employers to do the Work Opportunity Tax Credits? Absolutely! We know statistically over the last 20+ years of performing[…]

WOTC Wednesday CMS Brian Kelly

WOTC Wednesday: Can I Rehire a WOTC Applicant to Meet the 28 Day Rule?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Can I Rehire a Qualified WOTC Applicant to Meet the 28 Day Rule? CMS Responds: If I have a new hire who would qualify, and it’s after 28 days, can I release them and then rehire them to meet the 28-day[…]