WOTC Wednesday FAQ Brian Kelly

WOTC Wednesday: What Is The Minimum Wage An Employee Needs to Receive for My Company To Use the WOTC Tax Credit?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question:  What Is The Minimum Wage An Employee Needs to Receive for My Company To Use the WOTC Tax Credit? CMS Responds: One of the WOTC Questions we see is “What Is The Minimum Wage An Employee Needs to Receive[…]

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WOTC Wednesday FAQ Brian Kelly

WOTC Wednesday: Is It Better to Use Paper or Go Online For WOTC Forms?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question:  Is It Better to Use Paper or Go Online For WOTC Forms? CMS Responds: “Is It Better to Use Paper or Go Online with the WOTC Forms?” Well, it’s 100%, use the web portal, go online, use the WOTC[…]

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WOTC Wednesday FAQ Brian Kelly

WOTC Wednesday: Do Companies Get a WOTC Tax Break for Hiring Disabled Individuals?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question:  Do Companies Get a WOTC Tax Break 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[…]

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WOTC Wednesday FAQ Brian Kelly

WOTC Wednesday: Are Rehires Eligible for WOTC Tax Credits?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question:  Are Rehires Eligible for WOTC Tax Credits? CMS Responds: A common question that we get is “What is the definition of a new hire?” A new hire is someone who’s worked for you for the first time under that[…]

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WOTC Wednesday FAQ Brian Kelly

WOTC Wednesday: If We Hire Temps Can We Claim WOTC?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question:  If We Hire Temps Can We Claim WOTC? CMS Responds: We have a WOTC Question that is regarding the temporary agencies. “If we hire temporary employees for 90 days can we claim the WOTC on those 90 days or[…]

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WOTC Wednesday FAQ Brian Kelly

WOTC Wednesday: On What Tax Form is the WOTC Tax Credit Taken?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question:  On What Tax Form is the WOTC Tax Credit Taken? CMS Responds: One of the great questions that we get is “What Tax Form is the WOTC Tax Credit Taken?” It’s going to be on the IRS 5584 form[…]

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WOTC Wednesday FAQ Brian Kelly

WOTC Wednesday: What is the Start Date for WOTC?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question:  What is the Start Date for WOTC? CMS Responds: What is considered start date? Well it’s pretty straightforward, it’s actually the day they (the new employee) started work. Not the day they were interviewed, not the date you offered[…]

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WOTC Wednesday FAQ Brian Kelly

WOTC Wednesday: What is the WOTC Tax Credit Amount for a Long Term Unemployment Recipient?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question:  What is the WOTC Tax Credit Amount for a Long Term Unemployment Recipient? CMS Responds: So first of all, under long term unemployment recipients – they have to be unemployed for over 26 weeks, and the amount will be[…]

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WOTC Wednesday FAQ Brian Kelly

WOTC Wednesday: How Long Must an Eligible Employee Work to Claim WOTC?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question:  How Long Must an Eligible Employee Work to Claim WOTC? CMS Responds: How long must an eligible employee work before a company can claim a WOTC tax credit? Pretty straightforward, it follows the WOTC guidelines of, first of all[…]

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WOTC Wednesday FAQ Brian Kelly

WOTC Wednesday: Does Your Software Program Allow for Checking WOTC Application Status?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question:  Does Your Software Program Allow for Checking WOTC Application Status? CMS Responds: Does Your Software Program Allow for Checking WOTC Application Status? Absolutely, so with CMS’s services you’re going to get an administration portal so you can see how[…]

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