CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Are Rehires Eligible for the Work Opportunity Tax Credit? CMS Responds: Are Rehires Eligible for the Work Opportunity Tax Credit? A lot of us have had employees that we maybe let go one time then brought back into the[…]
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 Before You Receive a WOTC Tax Credit? CMS Responds: How Long Must an Eligible Employee Work Before Your Company Can Claim the Work Opportunity Tax Credit? There’s a couple of thresholds. Number[…]
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 If They 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[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Is there a minimum amount of hours an employee needs to work to be eligible for the Work Opportunity Tax Credit? CMS Responds: One of the questions that we get that’s pretty common is “Is There a Minimum Amount[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Do Employers Benefit From Hiring Veterans? CMS Responds: Absolutely. Veterans is one of the larger categories with the Work Opportunity Tax Credit. We want to get our discharged military back into the workforce. The tax credits can go[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: How Are The WOTC Tax Credits Calculated? CMS Responds: Big question is “We get these WOTC Tax Credits, how are they calculated?” There’s actually two benchmarks, the first one is the employee has to work a minimum of[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: What WOTC Screening Options Does CMS Offer? CMS Responds: So, CMS actually offers three different screening methods. The first one being old-fashioned paper where they’re going and filling out the 8850 (and 9061) and sending them in to[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Can I get a report on how many people were qualified for WOTC? CMS Responds: Absolutely, so you can see how many people surveyed, how many people qualified, how many people are certified by the State (Workforce Agency), and[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Are the WOTC Forms available in Spanish or Portuguese? CMS Responds: Well if you use our online WOTC Screening services we actually translate up to 100 different languages. So no matter if they’re (the new hire) Spanish or Portuguese[…]
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)?”[…]