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.[…]

WOTC FAQ

WOTC Questions: Is there a California state Tax Credit for hiring ex-offenders?

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: Is there a California state Tax Credit for hiring ex-offenders? CMS Says: Yes, the Work Opportunity Tax Credit is available to employers in the State[…]

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[…]