CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: How do I explain to an employee why we are asking if they have received SNAP Benefits? CMS Responds: Sometimes the employee (or the new hire) asks the question “Why are you asking if I’m on SNAP (food stamps)?”[…]
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: CMS Says: If the employee meets the following criteria, yes, you may be eligible to obtain a Work Opportunity Tax Credit for hiring that individual: Recipients of SNAP Benefits (Food Stamps), An individual[…]
Free Webinar and Consult With WOTC Experts Learn how to take full advantage of your WOTC Tax Credits. Call CMS toll-free at 1-800-517-9099 or fill in the form below to speak to a WOTC expert. On an annual basis State Workforce Agencies (SWAs) must report their Work Opportunity Tax Credit volume to the Department of[…]
CMS would like to invite you to join our resident Human Resources and Tax Credit Expert, Brian Kelly, to find out what’s new with the Work Opportunity Tax Credits. Brian will review the following, and answer any questions you may have about this extremely valuable tax credit. What’s new with the Work Opportunity Tax Credit? […]
States are reporting big numbers for the 2011 Work Opportunity Tax Credit. In Illinois businesses reportedly hired over 27,000 new employees through the federal tax credit in 2011. The state of Washington is also reporting that businesses in that state received a record $56 million tax break in 2011. Washington’s Employment Security agency received more[…]
Target Group Name SNAP (Supplemental Nutrition Assistance Program) Target Group Definition An 18-39 year-old member of a family who received SNAP (formally known as SNAP) for at least six consecutive months ending on the hire date, OR for at least three of the five month period ending on the date of hire, but no longer[…]