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 the[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: How are the Work Opportunity Tax Credits Calculated? CMS Responds: The Work Opportunity Tax Credit is calculated based on three different variables. First the employee has to qualify for one of the ten target groups. secondly they have to work[…]
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 I Integrate the WOTC Program with my Employee Onboarding Software? CMS Responds: Absolutely, CMS WOTC program can integrate with any onboarding or payroll system that’s on the marketplace today. About Our WOTC Screening Services Why you should use[…]
In 2023 the state of issued 66,257 Work Opportunity Tax Credit certifications. The Work Opportunity Tax Credit, known as WOTC, is a federal tax credit available to employers who hire individuals from target groups, that include qualified Veterans, individuals on food stamps and more. The Work Opportunity Tax Credit is available throughout the United States, and[…]
CMS Work Opportunity Tax Credit Newsletter August 2024 In this issue: Brian Kelly Talks WOTC on the Sage Thought Leadership Podcast WOTC Wednesday: What Are the Benefits of Switching to Paperless WOTC Screening? Understanding the Work Opportunity Tax Credit’s Target Groups: Long-Term Unemployment Recipient Work Opportunity Tax Credit Statistics North Carolina 2023 Work Opportunity Tax[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: How many Work Opportunity Tax Credit Target Groups are there? CMS Responds: The Work Opportunity Tax Credit is a federal hiring incentive designed to get folks from target groups back into the workforce. The target groups are: Snap or[…]
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[…]
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, Patrick Morrissey, on August 8th at 1pm to learn[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: What are the benefits of Switching to Paperless WOTC Screening? CMS Responds: Actually three or four things. Number one we can state that the employer taking advantage of a federal program to initiate jobs and we need their participation. Also,[…]