The Work Opportunity Tax Credit, known as #WOTC, is a federal tax credit available to employers who hire individuals from disadvantaged groups of workers. Including WOTC Screening can save an employer significant amounts of money. WOTC Screening is used to determine if a new hire is a member of one of the Work Opportunity Tax[…]
The Work Opportunity Tax Credit, known as #WOTC, is a federal tax credit available to employers who hire individuals from disadvantaged groups of workers. Including WOTC Screening can save an employer significant amounts of money. WOTC Screening is used to determine if a new hire is a member of one of the Work Opportunity Tax[…]
State of Kentucky issued 30 percent more Workforce Opportunity Tax Credits to employers in fiscal year 2017 The Kentucky Career Center (KCC) reports this week that they have issued 53,398 Workforce Opportunity Tax Credits (WOTC) to Kentucky employers during fiscal year (FY) 2017, a 30 percent increase from the 41,098 issued in FY 2016, according[…]
CMS would like to invite you to join our resident Human Resources and Tax Credit Expert, Brian Kelly, to find out what’s new with the Work Opportunity Tax Credits. Brian will review the following, and answer any questions you may have about this extremely valuable tax credit. What’s new with the Work Opportunity Tax Credit? […]
States are reporting big numbers for the 2011 Work Opportunity Tax Credit. In Illinois businesses reportedly hired over 27,000 new employees through the federal tax credit in 2011. The state of Washington is also reporting that businesses in that state received a record $56 million tax break in 2011. Washington’s Employment Security agency received more[…]
Target Group Name SNAP (Supplemental Nutrition Assistance Program) Target Group Definition An 18-39 year-old member of a family who received SNAP (formally known as SNAP) for at least six consecutive months ending on the hire date, OR for at least three of the five month period ending on the date of hire, but no longer[…]