CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: How many Work Opportunity Tax Credit Target Groups are there? CMS Responds: The Work Opportunity Tax Credit is a federal hiring incentive designed to get folks from target groups back into the workforce. The target groups are: Snap or[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: What Is the Work Opportunity Tax Credit? CMS Responds: The Work Opportunity Tax Credit is a federal hiring incentive designed to get folks from 10 targeted groups back into the workforce. The financial incentive is between $2,400 and $9,600 depending on[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: What is the Work Opportunity Tax Credit amount for hiring an Ex Felon? CMS Responds: A “qualified ex-felon” is a person hired within a year of being convicted of a felony or being released from prison for a felony. The[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: What is the Work Opportunity Tax Credit amount for hiring a Qualified Long-Term Unemployment Recipient? CMS Responds: A “qualified long-term unemployment recipient” is someone who has been unemployed at least 27 weeks at the time of hiring and who[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: What is the Work Opportunity Tax Credit amount for hiring a SNAP Recipient? CMS Responds: A “qualified SNAP benefits recipient” is an individual who on the hiring date is: At least 18 years old and under 39 and A member[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: How many Work Opportunity Tax Credit Target Groups are there? CMS Responds:The Work Opportunity Tax Credit is a federal hiring incentive designed to get folks from target groups back into the workforce. The target groups are: Snap or Food[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: How are the Work Opportunity Tax Credits Calculated? CMS Responds: The Work Opportunity Tax Credit is calculated based on three different variables. First the employee has to qualify for one of the ten target groups. secondly they have to work[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Is it Worth it to use the Work Opportunity Tax Credit? CMS Responds: Is it Worth it for Employers to do the Work Opportunity Tax Credits? Absolutely! We know that statistically over the last 20+ years of performing WOTC services[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: What is a Conditional Certification for the Work Opportunity Tax Credit? CMS Responds: A question we get is “What Is a ‘Conditional Certification’ for WOTC?” Well the conditional certification falls under the Ticket to Work where folks go in and[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Can I Get a Partial WOTC Tax Credit If The Employee Only Worked a Few Weeks? CMS Responds: Can I still get a WOTC Tax Credit if the employee only worked a few weeks? So the answer to that[…]