Join our WOTC subject matter expert Brian Kelly this month to learn about the Work Opportunity Tax Credit (WOTC), how much employers can save when they hire, why the 28-day rule is so important to employers, and why there has never been a better time to take advantage of the Work Opportunity Tax Credit! Learn about what’s upcoming and how[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Are Rehires Eligible for the Work Opportunity Tax Credit? CMS Responds: “A common question that we get, is ‘What is the definition of a new hire? ‘A new hire is someone who’s worked for you for the first time[…]
In 2021 the state of Arizona issued 23,637 Work Opportunity Tax Credit certifications. Arizona issued 1.14% of all WOTC Tax Credits in 2021, SNAP was Arizona’s highest tax credit category with 70.77% of certifications for that category. See historical data on Arizona and the Work Opportunity Tax Credit. About Our WOTC Screening Services Why[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Is There a Best Practice to Make Sure All Employees Participate? CMS Responds: “Is There a “Best Practice” to Making Sure all Employees Participate? Well we can’t force people to fill out the WOTC forms, but we can certainly[…]
The Work Opportunity Tax Credit, known as #WOTC, is a federal tax credit available to employers who hire individuals from disadvantaged groups of workers. Including WOTC Screening can save an employer significant amounts of money. WOTC Screening is used to determine if a new hire is a member of one of the Work Opportunity Tax[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: What is the WOTC Tax Credit Amount for the Long-Term Unemployment Recipient? CMS Responds: So first of all, under long-term unemployment recipient, they have to be unemployed for over 26 weeks. The amount will be determined based on how[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: What is a WOTC Designated Community Resident? CMS Responds: The Designated Community Resident falls under the HUD guidelines of federal Empowerment Zones and Rural Communities. The tax credit value is up to $2,400 if an employee actually lives in[…]
Join our WOTC subject matter expert Brian Kelly this month to learn about the Work Opportunity Tax Credit (WOTC), how much employers can save when they hire, why the 28-day rule is so important to employers, and why there has never been a better time to take advantage of the Work Opportunity Tax Credit! Learn about what’s upcoming and how[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: What is the most popular WOTC Category or Target Group? CMS Responds: It’s actually a pretty easy question. SNAP (Supplemental Nutrition Assistance Program/Food Stamps) represents 65% of all the tax credits we get because of people that are on[…]
Senator Tim Kaine D-VA, is leading a bipartisan group introducing a bill to add Military Spouses to the Work Opportunity Tax Credit target groups. The “Military Spouse Hiring Act” (S.3909 – A bill to amend the Internal Revenue Code of 1986 to make employers of spouses of military personnel eligible for the work opportunity credit),[…]