CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Can I Use WOTC Forms That Were Never Submitted? CMS Responds: It’s not uncommon for people using paper applications to let that pile up, and be misplaced within their office. So that’s why we encourage you to use our[…]
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 Work Opportunity Tax Credit Newsletter February 2022 In this issue: WOTC In The News Roundup New Spanish Language Option Available Online WOTC Wednesday: On What Tax Form is the WOTC Tax Credit Taken? Understanding WOTC’s Target Groups: Qualified IV-A Recipient Work Opportunity Tax Credit Statistics for Idaho Switch To Paperless WOTC Screening #ICYMI[…]
In 2021 the state of Kentucky issued 54,986 Work Opportunity Tax Credit certifications. The Bluegrass State issued 2.64% of all WOTC Tax Credits in 2021, SNAP was Kentucky’s highest tax credit category with 48.08% of certifications for that category. See historical data on Kentucky and the Work Opportunity Tax Credit. About Our WOTC Screening Services Why[…]
CMS Work Opportunity Tax Credit Newsletter January 2022 In this issue: New Spanish Language Option Available Online Top 10 Work Opportunity Tax Credit Blog Posts of 2021 WOTC Wednesday: Is it Worth it to Use the Work Opportunity Tax Credit? Understanding WOTC’s Target Groups: Supplemental Nutrition Assistance Program (SNAP) Recipient Work Opportunity Tax Credit[…]
There is a new Spanish language option available on the online Work Opportunity Tax Credit screening form. To switch to Spanish, applicants can simply click on the link at the top of the page “Haga clic aquí para traducir al espñol” (“Click here to translate to Spanish”). This will allow them to complete the screening[…]
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[…]
Work Opportunity Tax Credit Extended for Five Years In January 2021, the H.R.133 – Consolidated Appropriations Act, 2021, Covid-19 relief bill passed which has extended the Work Opportunity Tax Credit for five years through December 31, 2025. There were no other changes made to the WOTC program. Tips to Maximize WOTC Participation and Increase Savings[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Is There a Limit to How Many WOTC Tax Credits I Can Claim Each Year? CMS Responds: Is There a Limit to How Many WOTC Tax Credits I Can Claim Each Year? The good news is, is no, there’s[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Is WOTC Applicable to Part Time Employees? CMS Responds: Question we get is “Is WOTC applicable for part-time employees?” And the answer is: Absolutely! It’s all based on the number of hours an employee works. So, as a minimum,[…]