WOTC FAQ

WOTC Questions: Can an employer claim the WOTC every year for the same disabled employee, or it a one time thing when they are hired?

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: Hi, Can an employer claim the WOTC every year for the same disabled employee, or it a one time thing when they are hired? CMS[…]

WOTC FAQ

WOTC Questions: Do you have an online application 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: Do you have an online application for WOTC? CMS Says: Yes we do. CMS provides three ways for customers to do WOTC processing with us.[…]

WOTC FAQ

WOTC Questions: Do you include all regular, overtime, and holiday hours when determining the hours worked?

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: Do you include all regular, overtime, and holiday hours when determining the hours worked? CMS Says: Yes you do. Include all hours that are compensated[…]

WOTC FAQ

WOTC Questions: What is the definition of a new hire? Are rehires 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: What is the definition of a new hire? Are rehires eligible for WOTC? CMS Says: A new hire is someone you are bringing onboard to your[…]

WOTC FAQ

WOTC Questions: The company I work for is requiring that each and every employee fills out the 8850 is this legal?

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: The company I work for is requiring that each and every employee fills out the 8850 is this legal? CMS Says: It is legal for companies[…]

WOTC FAQ

WOTC Questions: Does “DV” stand for Domestic Violence, and if so, is this a recipient group?

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 receiving data from the Department of Labor website regarding recipient groups for the WOTC. Does “DV” stand for Domestic Violence, and if so,[…]

WOTC FAQ

WOTC Questions: How long does it take for the IRS to approve the WOTC Tax Credit?

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 long does it take for the IRS to approve the WOTC Tax Credit? CMS Says: It depends on which state you are in, and[…]

WOTC FAQ

WOTC Questions: I don’t know how to determine the answer on form 8850; Target Group 4 OR 6?

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 don’t know how to determine the answer on form 8850; Target Group 4 OR 6? CMS Says: Refer to instructions on the IRS Form[…]

WOTC FAQ

WOTC Question: I have been in my payroll position since April 2019. In the process of organizing, I found a stack of WOTC’s and Form 8850’s dated June through August 2016. Do I need to retain these?

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 have been in my payroll position since April 2019. In the process of organizing, I found a stack of WOTC’s and Form 8850’s dated[…]

WOTC FAQ

WOTC Questions: How long does the employee have to stay employed at the company after they are hired?

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 long does the employee have to stay employed at the company after they are hired? CMS Says: In order to be eligible for you[…]