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: How many WOTC Target Groups are there, and what do they represent? CMS Responds: One of our most frequently asked questions is “How many WOTC Target Groups are there, and what do they represent?” WOTC is a federal program to[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: On What IRS Tax Form is the WOTC Tax Credit Taken? CMS Responds: “What Tax Form is the WOTC Tax Credit Taken?” It’s going to be on the IRS 5584 form (Work Opportunity Credit) where you claim your tax[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Is There a Limit to How Many WOTC Tax Credits I Can Claim? CMS Responds: Is There a Limit to How Many WOTC Tax Credits I Can Claim Each Year? The good news is, is no, there’s no limit. Note[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Can We Go Paperless with the Work Opportunity Tax Credit Screening Process? CMS Responds: One of the WOTC questions we get is “Our office wants to go paperless. Can I switch to an online form than using paper forms?” And[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: What is the minimum wage for WOTC? CMS Responds: “What Is The Minimum Wage An Employee Needs to Receive for My Company To Use this Tax Credit?” It’s not based on how much we’re paying the employee. It’s really[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Why You Should Use a WOTC Screening Service CMS Responds: Why should I use a WOTC screening service like yours, obviously CMS’s, when I can do it myself? The reason why you’d choose us is because it’s a little complex,[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Is WOTC Available for Part Time Employees? CMS Responds: “Question we get is ‘Is WOTC applicable for part-time employees?‘ And the answer is absolutely! It’s all based on the number of hours an employee works. So, as a minimum, the[…]