WOTC FAQ

WOTC Questions: I have 5 locations in 4 states. Do I file the tax credit in the individual states?

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, you file with the state the new hire is employed in. For example, you may be headquartered in Chicago, IL, but have a branch in Ohio. You file[…]

WOTC FAQ

WOTC Questions: Is WOTC Available for Part-Time Summer Employees?

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, WOTC is available for all summer employees, including Summer Youth. If you employ students or other part time workers who are WOTC eligible. The only difference is that it[…]

WOTC FAQ

WOTC Questions: Is summer youth still around?

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: Summer is almost upon us, and yes, good news, the Summer Youth target group is still available to employers: A “qualified summer youth employee” is one who: Is at[…]

WOTC FAQ

WOTC Questions: How long does it take to receive a WOTC Certification?

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 can really vary due to a couple of factors: WOTC being inactive during 2015, and then retroactively enacted, some states are still playing catch up with the backlog[…]

WOTC FAQ

WOTC Questions: Is there a “best practice” to making sure employees participate?

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: Consistency is a key factor in getting new hires to complete the WOTC paperwork . We recommend the following steps: Include WOTC with all of your new hire paperwork[…]

WOTC FAQ

WOTC Questions: Can I retroactively file for my employees since I am just finding out about this 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: CMS Says: Unfortunately no. Even though you are just finding out about WOTC, you can only claim on new hires. The 28 Day rule is a hard and fast rule. There[…]

WOTC FAQ

WOTC Questions: What is a conditional certification and how do I know if I have one?

How to answer the question Check here if you received a conditional certification from the state workforce agency (SWA) or a participating local agency for the work opportunity 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[…]

WOTC FAQ

WOTC Questions: If I have an employee who might qualify for more than one target group, can I double up on 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: CMS Says: This is a great question, and it is so frequent for applicants to say they are qualified for more than one category when they are filling out the WOTC[…]

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: CMS Says: That’s a good question. Even if you qualified as a new hire under one of the target groups, you would not be able to claim yourself as an employee using the[…]

WOTC FAQ

WOTC Questions: Do you have 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: CMS Says: Absolutely. Our online WOTC application makes it super-easy for new hires to complete on the go, whether they’re at a desktop, tablet or phone. It’s secure, and as an added bonus,[…]