CMS Streamlines Work Opportunity Tax Credit Administration CMS streamlines and simplifies the WOTC application process for employers. CMS’s secure online WOTC portal allows your new hires to complete the WOTC questionnaire online in minutes. Employees sign the forms electronically. No paperwork required. H.R. 2133: Veterans Back to Work Act of 2013 Congressman Ted Poe, R-Texas,[…]
Legislation will complement federal aid by providing additional tax relief to businesses, individuals and municipalities affected by historic storm In order to provide additional assistance to families and businesses struggling to rebuild in the wake of Hurricane Sandy, U.S. Rep. Bill Pascrell, Jr. (D-NJ-09) lead a bipartisan coalition including Reps. Joseph Crowley (D-NY), Rodney Frelinghuysen[…]
The $1.8 billion in federal funds allow NYC to extend relief to more New Yorkers in need, particularly home owners and small businesses with extensive damages and expenses. Mayor Bloomberg, U.S. Department of Housing and Urban Development Secretary Shaun Donovan and Senator Charles E. Schumer announced the Federal approval of the City’s plan for $1.77[…]
Free Webinar and Consult With WOTC Expert 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. CMS tax credit specialists have been tracking legislation on proposed bill H.R. 152 “Hurricane Sandy Relief Act,” which was approved[…]
New Legislation proposed for businesses in CT, NJ & NY affected by the tragedy of Hurricane Sandy On December 9th, 2012 Senator Charles Schumer (D-NY) and Senator Robert Menendez (D-NJ) introduced legislation to reduce taxes for individuals and businesses in the Hurricane Sandy Disaster Areas. The proposal, among other things, calls for a hiring incentive[…]
Earlier this week Senators Charles Schumer and Robert Menendez announced comprehensive legislation to reduce the tax burden on those financially impacted by superstorm Sandy in October 2012. The proposal is called “The Hurricane Sandy and National Disaster Tax Relief Act of 2012.” The legislation will include a new Work Opportunity Tax Credit category for new[…]