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: Do you support customers in Puerto Rico? CMS Says: Yes, absolutely! Puerto Rico doesn’t have the biggest numbers, or the most participation, in fact nationwide Puerto Rico issued 0.07% of WOTC[…]
Did you know that last year Puerto Rico issued 1,503 Work Opportunity Tax Credit certifications? The Work Opportunity Tax Credit, known as WOTC, is a federal tax incentive designed to help people with barriers to employment into the workplace. By hiring someone from a Target Group, your company may be eligible for a tax credit of up[…]
In 2022 Puerto Rico issued 2,205 Work Opportunity Tax Credit certifications. The Work Opportunity Tax Credit, known as WOTC, is a federal tax credit available to employers who hire individuals from target groups, that include qualified Veterans, individuals on food stamps and more. The Work Opportunity Tax Credit is available throughout the United States, and in 2022[…]