CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: How far back can we look back for Work Opportunity Tax Credits? CMS Responds: One of the questions we get is “We have tax credits, but how far back or how forward can we go with these WOTC Tax Credits?[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Can you do the WOTC Application on a Mobile Phone? CMS Responds: Can You Do the WOTC Application on a Cell Phone? Well as technology advances, we advance along with it at CMS. Actually we have a web app that[…]
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: 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 120 hours[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Can I Use WOTC Forms That Were Never Submitted? CMS Responds: It’s not uncommon for people using paper applications to let that pile up, and be misplaced within their office. So that’s why we encourage you to use our web[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: What If My Company Did Not Make Enough Money to Use WOTC Tax Credits This Year? CMS Responds: What Happens If My Company Did Not Make Enough Money to Use WOTC Tax Credits This Year? The good news is[…]
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: 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: 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[…]