WOTC FAQ

WOTC Questions: Why can’t I get the 8850 form to print without having to pay for it?

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 that we try to answer: Why can’t I get the 8850 form to print without having to pay for it? CMS Says: We don’t charge for the 8850 form. You[…]

WOTC FAQ

WOTC Questions: Does WOTC Tax Credit Screening Affect My Credit Score?

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 that we try to answer: Applying for a job. Does WOTC Tax Credit Screening Affect My Credit Score? CMS Says: Hi, not at all. The Work Opportunity Tax Credit is[…]

WOTC FAQ

WOTC Questions: I am wondering how far back we can go with 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 that we try to answer: I am wondering how far back we can go with WOTC. CMS Says: You can only go back as far as 28 days to any[…]

WOTC FAQ

WOTC Questions: Can I let an employer know they can get a tax credit for hiring me?

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 that we try to answer:  I am an ex-felon. Can I let an employer know they can get a tax credit for hiring me? CMS Says: Yes, absolutely. Employers are[…]

WOTC FAQ

WOTC Questions: How Do I Make Sure Employees Are Participating and Filling Out Their WOTC Forms?

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 that we try to answer: How Do I Make Sure Employees Are Participating and Filling Out Their WOTC Forms? CMS Says: The best way to improve or increase participation is[…]

WOTC FAQ

WOTC Questions: Which State Issues the Most Amount of WOTC Tax Credits?

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 that we try to answer: Which State Issues the Most Amount of WOTC Tax Credits? CMS Says: The most recent year we have the statistics for is 2018. In 2018[…]

WOTC FAQ

WOTC Questions: Can you tell the amount of tax credit an employer gets for hiring a documented person with a disability and does the employee have to work full-time?

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 that we try to answer: Can you tell the amount of tax credit an employer gets for hiring a documented person with a disability and does the employee have to[…]

WOTC FAQ

WOTC Questions: Can I claim the WOTC for myself if I form my own company?

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 that we try to answer: Can I claim the WOTC for myself if I form my own company? CMS Says: Sorry, as an owner of the business you would be[…]

WOTC FAQ

WOTC Questions: Trying to find Percentage of Employees in Workforce Eligible for 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 that we try to answer: Trying to find Percentage of Employees in Workforce Eligible for WOTC. CMS Says: Interesting question. We can answer it a couple of ways. Firstly, from[…]

WOTC FAQ

WOTC Questions: Are 1099 Employees Eligible to Participate in WOTC program?

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 that we try to answer: Are 1099 Employees Eligible to Participate in WOTC program? CMS Says: Employees who receive a 1099-MISC form are considered to be Independent Contractors, not employees.[…]