CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Are salaried/exempt employees eligible for the Work Opportunity Tax Credit? CMS Responds: Absolutely. It doesn’t matter what the wages are, or the job hired into. What matters is that the employee qualifies in one of the ten targeted groups.[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Can my family members qualify for the Work Opportunity Tax Credit? CMS Responds: Unfortunately, even if a family member was in one of the ten target groups, they would not qualify since they are related to you. That includes[…]
The Work Opportunity Tax Credit, known as #WOTC, is a federal tax credit available to employers who hire individuals from disadvantaged groups of workers. Including WOTC Screening can save an employer significant amounts of money. WOTC Screening is used to determine if a new hire is a member of one of the Work Opportunity Tax[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Can employers of any size utilize the Work Opportunity Tax Credit? CMS Responds: Absolutely. The Work Opportunity Tax Credit is not limited by the size of the employer in any way. CMS helps small companies with 50 or more employees,[…]
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: No, they would not qualify. The (WOTC) program is designed to get new hires back into the workforce. So rehires don’t count. About Our WOTC Screening Services[…]
What is “WOTC” or the Work Opportunity Tax Credit? The Work Opportunity Tax Credit is a federal hiring incentive designed to get individuals from ten target groups back into the workforce. 10-15% of all new hires may be eligible. Please join our WOTC subject matter expert Brian Kelly this month to learn about the Work Opportunity[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Is there a limit to how many WOTC credits I can claim each year? CMS Responds: No, you can claim as much as your tax liability for that respective year. If you have 100,000 in taxable liability, you can[…]
The Work Opportunity Tax Credit, known as #WOTC, is a federal tax credit available to employers who hire individuals from disadvantaged groups of workers. Including WOTC Screening can save an employer significant amounts of money. WOTC Screening is used to determine if a new hire is a member of one of the Work Opportunity Tax[…]
What is “WOTC” or the Work Opportunity Tax Credit? The Work Opportunity Tax Credit is a federal hiring incentive designed to get individuals from ten target groups back into the workforce. 10-15% of all new hires may be eligible. Please join our WOTC subject matter expert Brian Kelly this month to learn about the Work Opportunity[…]
The Work Opportunity Tax Credit, known as #WOTC, is a federal tax credit available to employers who hire individuals from disadvantaged groups of workers. Including WOTC Screening can save an employer significant amounts of money. WOTC Screening is used to determine if a new hire is a member of one of the Work Opportunity Tax[…]