WOTC FAQ

WOTC Questions: Are Training Wages Eligible?

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, every day an employee is paid for working for your company, those wages count towards your WOTC tax credits. Contact CMS Today to Start Saving! In our 21+[…]

WOTC FAQ

WOTC Questions: Is there any way to qualify for the WOTC if the employee was hired over 28 days ago?

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: Unfortunately no. The WOTC 28-Day Rule applies. You must submit all WOTC applications within 28 days of the new hire’s start date, or they will not qualify. There are[…]

WOTC FAQ

WOTC Questions: I’m a CPA How Can I Educate My Clients on 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: Learn the basics of WOTC such as the WOTC Target Groups, you can also download our CMS WOTC Brochure. CMS also provides webinar recordings targeted towards CPAs. There are[…]

WOTC FAQ

WOTC Questions: I am applying for a job. On the WOTC, at the end it is asking for hire information. I’m not hired by the company I’m applying right now.

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: Some employers do present the WOTC forms (8850 and 9061) to applicants as part of the application process, it’s completely normal to do so. However, the applicant is correct[…]

WOTC FAQ

WOTC Questions: If someone checks off that they have a conditional certification for the Work Opportunity Tax Credit, how do I know what target group they are 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: CMS Says: The ETA Form 9062 Conditional Certification will list the target group code. The employee will also have to complete the 8850 and 9061 forms, and the state workforce agency[…]

WOTC FAQ

WOTC Questions: Can I get a tax break for hiring food stamp recipients and a 75 year old man?

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 no current tax credit available that specifically applies to hiring someone over a certain age. You may be eligible for a WOTC credit for hiring a[…]

WOTC FAQ

WOTC Questions: How long must an eligible employee work before a company can claim a WOTC 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: CMS Says: This applies to all target group categories: The employee must work at least 120 hours for you to be eligible for a 25 per cent WOTC Tax credit from[…]

WOTC FAQ

WOTC Questions: I work with prisoner reentry, and I help get them back to work, I was looking up the WOTC and how much an employer can get for hiring a felon?

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: An ex-felon is someone who has been convicted of a felony under any federal or state law, and is hired not more than 1 year after the conviction or[…]

WOTC FAQ

WOTC Questions: Trying to find % of employees in work force eligible

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: The percentage of WOTC eligibility will vary from State to State depending on its population. Your state may have a high population of SNAP Recipients or  unemployed Veterans, or[…]

WOTC FAQ

WOTC Questions: How do I figure out if a new hire lives in an empowerment zone?

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: To qualify under the Designated community resident category, an employee is at least age 18 but not yet age 40 and lives in either an Empowerment Zone, or Rural Renewal[…]