CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Is there any way to still qualify for WOTC if the employee was hired over 28 days ago? CMS Responds: Unfortunately no. You hired that person 28 days or after then you lose that opportunity for you to receive[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Do I Submit WOTC Forms Before or After the Employee Reaches 120 Hours? CMS Responds: One of the WOTC questions we get is “Do I Submit the WOTC Forms After the Employee Reaches 120 Hours or Before?” So, I think[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Can I Still Get WOTC Tax Credit for an Employee Who Only Worked for Two Weeks? CMS Responds: Can I still get tax credits if my employee only works two weeks? It doesn’t really matter how many weeks somebody[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Question One: How Many Veterans Are Hired Each Year That Qualified for WOTC? CMS Responds: Do you know how many Veterans are hired each year with the assistance of the WOTC program? Well, we do know that answer. It’s actually between 150,000 to 200,000[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Do employers get a WOTC Tax Credit for Hiring Disabled Individuals? CMS Responds: Question we get is “Do companies get a tax credit, or tax break for hiring disabled individuals?” And the answer is absolutely. That’s one of the areas[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Is it worth it for employers to do the Work Opportunity Tax Credits? CMS Responds: Is it Worth it for Employers to do the Work Opportunity Tax Credits? Absolutely! We know statistically over the last 20+ years of performing[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Can I Rehire a Qualified WOTC Applicant to Meet the 28 Day Rule? CMS Responds: If I have a new hire who would qualify, and it’s after 28 days, can I release them and then rehire them to meet the 28-day[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: If We Hire Temporary Employees, Can We Claim the WOTC Tax Credits? CMS Responds: We have a WOTC Question that is regarding the temporary agencies. “If we hire temporary employees for 90 days can we claim the WOTC Tax Credits[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: When Is The Best Time To Give the Applicant the Work Opportunity Tax Credit Survey? CMS Responds: “When Is The Best Time To Give the WOTC Survey To The Applicant?” Actually, when they are an applicant. The WOTC program does[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Are We Eligible for Employees Who Continue to Receive SNAP Benefits While Working? CMS Responds: Are We (WOTC) Eligible for Employees If they still get SNAP Benefits While Working or only if they go off? The answer is actually[…]