At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website’s chat box: CMS Says: There is no current tax credit available that specifically applies to hiring someone over a certain age. You may be eligible for a WOTC credit for hiring a[…]
At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website’s chat box: CMS Says: This applies to all target group categories: The employee must work at least 120 hours for you to be eligible for a 25 per cent WOTC Tax credit from[…]
At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website’s chat box: CMS Says: An ex-felon is someone who has been convicted of a felony under any federal or state law, and is hired not more than 1 year after the conviction or[…]
At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website’s chat box: CMS Says: The percentage of WOTC eligibility will vary from State to State depending on its population. Your state may have a high population of SNAP Recipients or unemployed Veterans, or[…]
At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website’s chat box: CMS Says: To qualify under the Designated community resident category, an employee is at least age 18 but not yet age 40 and lives in either an Empowerment Zone, or Rural Renewal[…]
At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website’s chat box: CMS Says: Yes, you file with the state the new hire is employed in. For example, you may be headquartered in Chicago, IL, but have a branch in Ohio. You file[…]
At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website’s chat box: CMS Says: Yes, WOTC is available for all summer employees, including Summer Youth. If you employ students or other part time workers who are WOTC eligible. The only difference is that it[…]
At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website’s chat box: CMS Says: Summer is almost upon us, and yes, good news, the Summer Youth target group is still available to employers: A “qualified summer youth employee” is one who: Is at[…]
At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website’s chat box: CMS Says: This can really vary due to a couple of factors: WOTC being inactive during 2015, and then retroactively enacted, some states are still playing catch up with the backlog[…]
At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website’s chat box: CMS Says: Consistency is a key factor in getting new hires to complete the WOTC paperwork . We recommend the following steps: Include WOTC with all of your new hire paperwork[…]