CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: What is a Designated Community Resident? CMS Responds: The Designated Community Resident falls under the HUD guidelines of federal Empowerment Zones and Rural Communities. The tax credit value is up to $2,400 if an employee actually lives in one[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: What are the Benefits of Going Paperless with WOTC Screening? CMS Responds: Actually three or four things. Number one we can state that their employer taking advantage of a federal program to initiate jobs and we need their participation.[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: What Happens If My Company Does Not Make Enough Money to Use WOTC Tax Credits This Year? CMS Responds: In these troubling times we do have people who can’t use a tax credit. They don’t have enough revenue to[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Can I Rehire a Former Employee and Still Receive WOTC Credit? CMS Responds: Can I get a tax credit for rehiring former employees? The answer is no. The WOTC Tax Credit is designed to bring new employees back into[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: What is the WOTC 28 Day Rule? CMS Responds: Question we get a lot is “What is the 28-day rule?” Well the 28-day rule means that you have to screen the employee on or before their job offer date,[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Are WOTC Forms Available in Spanish or Portuguese? CMS Responds: Well, if you actually use our online WOTC screening services, we can translate up to 100 different languages. So no matter if they’re Spanish, or Portuguese, we have that[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: How Long Does it Take to Receive a WOTC Certification? CMS Responds: Honestly, this is going to vary by state. There’s some states like Connecticut which is actually two years behind. Indiana isn’t that great either. Then we get[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Why Should We 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[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Does the Employee Qualify for the Work Opportunity Tax Credit (WOTC) When They Work From Home? CMS Responds: It doesn’t really matter where the employee works for your organization. They can absolutely work at home and still be eligible for[…]
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? CMS Responds: WOTC is a federal program to initiate jobs so, the targeted groups are anywhere from Summer youth programs where we have people between 16 and 18 years old getting them[…]