President Trump signed the H.R.133 – Consolidated Appropriations Act, 2021, Covid-19 relief bill today which has extended the Work Opportunity Tax Credit through December 31, 2025.
This is great news for our WOTC customers because they will not have to deal with any hiatus or wait for a renewal.
As always we will keep you apprised of any changes or additional updates.
About the Work Opportunity Tax Credit
The Work Opportunity Tax Credit – WOTC – is a federal tax incentive of between $2,400 – $9,600 for businesses to hire individuals from nine target groups that include Veterans, individuals on SNAP benefits, Ex-Felons, and Long-Term Unemployed.
- Qualified Veteran.
- Long-term TANF Recipient
- Short-term TANF Recipient
- Supplemental Nutrition Assistance Program (SNAP) Recipient
- Designated Community Resident
- Vocational Rehabilitation Referral
- Ex-Felon
- SSI Recipient
- Long-Term Unemployment Recipient
About Our WOTC Screening Services
- Why you should use CMS’s WOTC Tax Screening Service rather than doing it yourself.
- Get an idea of how much you could be saving by utilizing the Work Opportunity Tax Credit for your company, try our WOTC Calculator.
- Are you a CPA or tax service provider? Find out how you can become a strategic Business Partner.
Contact CMS Today to Start Saving!
In over 20 years of providing valuable WOTC Screening and Administration services we’ve saved millions for our customers.
Contact CMS today to start taking advantage. Call 800-517-9099, or click here to use our contact form to ask any questions.