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: When should I have employee call in for the credit? CMS Says: We recommend including the Work Opportunity Tax Credit questionnaire as part of your onboarding process. So either right before[…]
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: Do the WOTC forms come in Spanish? CMS Says: This is most definitely a frequently asked question about the Work Opportunity Tax Credit forms. The WOTC’s 8850 form is available in[…]
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: Do you need to keep WOTC forms in employee files? CMS Says: It may be a good idea to keep a copy of the WOTC forms in your employee files.[…]
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: So do we have to wait to submit WOTC to the state for the employee to first work 120 hours within those 28 days? That would squeeze our submission into[…]
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, this one from a new hire: Why is my SS# and date of birth required on wotc form? CMS Says: The WOTC forms are federal forms to help determine if[…]
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: If I have ex-felons making me eligible for WOTC credit where do I report? CMS Says: Firstly you’d have the new hire(s) complete the WOTC Forms 8850 and 9061. Those are[…]
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, absolutely. CMS owns an applicant tracking and electronic onboarding software named iRecruit. We integrated our WOTC Screening service with iRecruit in 2014. When we also added iConnect, for[…]
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: By a landslide, SNAP (Food Stamp) Benefits Recipients add up to the most common qualifying category. A quick look back at the statistics from 2013 and 2014 show that[…]
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: As an employer you can only claim the WOTC credit for eligible employees once, the first time the invididual(s) are hired. The Work Opportunity Tax Credit is not available[…]
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: Actually there’s no limit on how many qualified hires you can make, and no limit on how much tax credit you can receive either. Whether you’re hiring 10 people,[…]