WOTC Wednesday CMS Brian Kelly

WOTC Wednesday: What is the WOTC Tax Credit Amount for the 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 the Long-Term Unemployment Recipient? CMS Responds: So first of all, under long-term unemployment recipient, they have to be unemployed for over 26 weeks. The amount will be determined based on how[…]

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WOTC Wednesday CMS Brian Kelly

WOTC Wednesday: What is a WOTC Designated Community Resident?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: What is a WOTC Designated Community Resident? CMS Responds: The Designated Community Resident falls under the HUD guidelines of federal Empowerment Zones and Rural Communities. The tax credit value is up to $2,400 if an employee actually lives in[…]

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WOTC Wednesday CMS Brian Kelly

WOTC Wednesday: What is the Most Popular WOTC Category or Target Group? 

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: What is the most popular WOTC Category or Target Group?  CMS Responds:  It’s actually a pretty easy question. SNAP (Supplemental Nutrition Assistance Program/Food Stamps) represents 65% of all the tax credits we get because of people that are on[…]

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WOTC Wednesday CMS Brian Kelly

WOTC Wednesday: How many WOTC Target Groups are there, and what do they represent?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: How many WOTC Target Groups are there, and what do they represent? CMS Responds: One of our most frequently asked questions is “How many WOTC Target Groups are there, and what do they represent?” WOTC is a federal program[…]

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WOTC Wednesday CMS Brian Kelly

WOTC Wednesday: If We Hire Temporary Employees, Can We Claim the WOTC Tax Credits?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: If We Hire Temporary Employees, Can We Claim the WOTC Tax Credits? 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 Tax[…]

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WOTC Wednesday CMS Brian Kelly

WOTC Wednesday: What Are the Reasons WOTC Applications Get Denied?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: What Are the Reasons WOTC Applications Get Denied? CMS Responds: Great question “What are the Reasons for denials of WOTC Certifications?” The biggest ones is that the employee worked for that employer before, or that they checked off a box[…]

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WOTC Wednesday CMS Brian Kelly

WOTC Wednesday: Are Salaried or Exempt Employees Eligible for the WOTC Program?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Are Salaried or Exempt Employees Eligible for the WOTC Program? CMS Responds: Are Salaried/Exempt Employees Eligible for the WOTC Program? The answer is absolutely yes. It doesn’t matter if they’re exempt or non-exempt, if they fall within one of[…]

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WOTC Wednesday CMS Brian Kelly

WOTC Wednesday: Can I Get a WOTC Tax Credit for Hiring a Former Employee?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Can I Get a WOTC Tax Credit for Hiring a Former Employee? CMS Responds: Can I get a tax credit for hiring former employees? The answer is no. The WOTC Tax Credit is designed to bring new employees back[…]

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WOTC Wednesday CMS Brian Kelly

WOTC Wednesday: Does the employee still qualify for WOTC when they work remotely?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question:  Does the employee still qualify for WOTC when they work remotely? CMS Responds: It doesn’t matter where they work, it really comes under how long they work, and how much they receive as earnings if they’re qualified. Qualified candidates[…]

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WOTC Wednesday CMS 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 often get is “What Tax Form is the WOTC Tax Credit Taken?” It’s going to be on the IRS 5584[…]

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