WOTC FAQ

WOTC Questions: Do employers benefit from hiring veterans?

At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website’s chat box: CMS Says: Yes, there are benefits to hiring veterans. Firstly, to be considered a veteran, the applicant must: Have served on active duty (not including training) in the Armed Forces of[…]

WOTC FAQ

WOTC Questions: Do you know how many veterans are hired each year with the assistance of the WOTC?

At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website’s chat box: CMS Says: There is limited statistical data available broken down by category. Looking back at 2013 and 2014 WOTC data, individuals qualified under the Veteran categories accounted for 4.9 percent in 2013[…]

Brian Kelly CMS WOTC Work Opportunity Tax Credit Webinar

November 2019 Work Opportunity Tax Credit (WOTC) Webinar Schedule

Join our WOTC subject matter expert Brian Kelly this month to learn about the Work Opportunity Tax Credit (WOTC), how much employers can save when they hire, why the 28-day rule is so important to employers, and why there has never been a better time to take advantage of the Work Opportunity Tax Credit! Learn about what’s upcoming[…]

WOTC FAQ

WOTC Questions: I’m trying to figure out if an employee can be referred by more than one agency (Veterans Affairs, Ticket to Work Program, Rehabilitation Agency) for WOTC eligibility?

At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website’s chat box: CMS Says: It is possible a new hire could be referred to you by more than one agency who gives them a conditional certification. However, you as the employer will only[…]

Work Opportunity Tax Credit Calculator

A Word of Caution on Calculating the Value of the Work Opportunity Tax Credit Online

I wanted to share something with you that has come to our attention here at Cost Management Services. There are several different websites out there that offer a Work Opportunity Tax Credit calculator. We have one, you can check out ours here. a WOTC calculator takes an educated guess to try to give you an[…]

WOTC FAQ

WOTC Questions: What’s the tax credit for new hires in Florida?

At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website’s chat box: CMS Says: Employers in Florida (and the rest of the United States) are eligible for a WOTC Tax Credit of up to $9,600 for hiring individuals from target groups. WOTC target[…]

WOTC FAQ

WOTC Questions: Do you offer training to employers who want to do the screening themselves?

At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website’s chat box: CMS Says: While we do offer screening services, and that’s what most of our customers do. We have also offered webinars, and performed training for CPA Academy webinar guests, Chambers of[…]

WOTC FAQ

WOTC Questions: Can I Re-hire a Former Employee?

At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website’s chat box: CMS Says: Not in this case. Even if the employee only worked for you for a short period of time, because they are a rehire they do not qualify. The Work[…]

WOTC FAQ

WOTC Questions: Do companies get a tax break for hiring disabled?

At CMS, as Work Opportunity Tax Credit (WOTC) experts and service providers since 1997, we receive a lot of questions via our website’s chat box: CMS Says: Yes, under the Vocational Rehabilitation Referral target group you could be eligible for a tax credit for hiring someone who qualifies in that category. A Vocational Rehabilitation Referral[…]

Brian Kelly CMS WOTC Work Opportunity Tax Credit Webinar

October 2019 Work Opportunity Tax Credit (WOTC) Webinar Schedule

Join our WOTC subject matter expert Brian Kelly this month to learn about the Work Opportunity Tax Credit (WOTC), how much employers can save when they hire, why the 28-day rule is so important to employers, and why there has never been a better time to take advantage of the Work Opportunity Tax Credit! Learn about what’s upcoming[…]