CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Do Training Hours Count Towards WOTC Credits 120 or 400 hours worked? CMS Responds: If you’re getting paid, if you’re punching in and getting paid for those training hours then that person qualifies under the WOTC program. About[…]
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 Work Opportunity Tax Credit Certification? CMS Responds: How Long Does It Take To Receive a WOTC Certification? And honestly, this is going to vary by state. There’s some states like Connecticut,[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: How Far Back Can We Go With the Work Opportunity Tax Credit? CMS Responds: The WOTC tax credits are actually under the General Business taxation law so you can actually carry back those tax credits for up to one[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: What WOTC Screening Options Does CMS Offer? CMS Responds: CMS has been in business for 22 years, and one of the questions that we get now is “what are the screening options that we offer?” So, CMS actually offers[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: What is the Most Popular Category or Target Group for WOTC? CMS Responds: It’s actually a pretty easy question. SNAP (Supplemental Nutrition Assistance Program/Food Stamps) represents 65% of all the tax credits we get because of people that are[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: WHICH STATES ISSUE THE MOST WOTC TAX CREDITS? CMS Responds: Actually, it follows our population. The top three are Texas, California and Florida. See the most recent WOTC statistics here. About Our WOTC Screening Services Why you should use[…]
In 2019 there were 2,066,616 total Work Opportunity Tax Credits issued in the United States. CMS estimates the total value of these credits is $4.9 Billion. The number of credits issued in 2019 is down 6.3% from 2018 (see 2018 WOTC Statistics). Which states issued the most WOTC credits in 2019? Texas 166,768 (8.06% of total)[…]