CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Are salaried/exempt employees eligible for the Work Opportunity Tax Credit? CMS Responds: Absolutely. It doesn’t matter what the wages are, or the job hired into. What matters is that the employee qualifies in one of the ten targeted groups.[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Can my family members qualify for the Work Opportunity Tax Credit? CMS Responds: Unfortunately, even if a family member was in one of the ten target groups, they would not qualify since they are related to you. That includes[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Can employers of any size utilize the Work Opportunity Tax Credit? CMS Responds: Absolutely. The Work Opportunity Tax Credit is not limited by the size of the employer in any way. CMS helps small companies with 50 or more employees,[…]
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: No, they would not qualify. The (WOTC) program is designed to get new hires back into the workforce. So rehires don’t count. About Our WOTC Screening Services[…]
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[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Is There a Minimum Wage for the Work Opportunity Tax Credit? CMS Responds: There is no specific minimum wage related to the Work Opportunity Tax Credit program. So, it would be whatever the minimum wage is in your state. When it[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Are employees eligible if they check more than one box on the WOTC forms? CMS Responds: The Work Opportunity Tax Credit is a federal hiring incentive designed to get folks from 10 target groups back into the workforce. Qualifying new[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Are Employees Eligible for More Than One WOTC Target Group? CMS Responds: The Work Opportunity Tax Credit is a federal hiring incentive designed to get folks from 10 targeted groups back into the workforce. Qualifying new hires may technically be eligible[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: What Is the Work Opportunity Tax Credit? CMS Responds: The Work Opportunity Tax Credit is a federal hiring incentive designed to get folks from 10 targeted groups back into the workforce. The financial incentive is between $2,400 and $9,600 depending[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Is it Worth it to use the Work Opportunity Tax Credit? CMS Responds: Is it Worth it for Employers to do the Work Opportunity Tax Credits? Absolutely! We know that statistically over the last 20+ years of performing WOTC services[…]