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: How Long Must an Employee Work Before You Receive a WOTC Tax Credit? CMS Responds: How Long Must an Eligible Employee Work Before Your Company Can Claim the Work Opportunity Tax Credit? There’s a couple of thresholds. Number One when[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Can you do the WOTC Application on a Mobile Phone? CMS Responds: Can You Do the WOTC Application on a Cell Phone? Well as technology advances, we advance along with it at CMS. Actually we have a web app that[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Use Paper or Go Online with the WOTC Forms, Which is Better? CMS Responds: Well, 100%, use the web portal, go online, use the WOTC program, streamline your business that way through your onboarding process. We find that once someone[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: How Are The WOTC Tax Credits Calculated? CMS Responds: Question is “We get these WOTC Tax Credits, how are they calculated?” There’s actually two benchmarks, the first one is the employee has to work a minimum of 120 hours[…]
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 web[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Why Use a WOTC Screening Service Instead of Doing It Yourself CMS Responds: Why should I use a WOTC screening service like yours, obviously CMS’s, when I can do it myself? The reason why you’d choose us is because it’s[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Does Your Software Check the Status of WOTC Applications? CMS Responds: Does your software program allow for checking WOTC Application status? Absolutely. So, with CMS’s services you’re going to get an Administration portal, so we can see how many people[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: What WOTC Screening Options Does CMS Offer? CMS Responds: CMS offers three different screening methods. The first one being old-fashioned paper where they’re going and filling out the 8850 (and 9061) and sending them in to us via fax,[…]
CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Today’s WOTC Wednesday question: Is there a minimum amount of hours an employee needs to work to be eligible for the Work Opportunity Tax Credit? CMS Responds: One of the questions that we get that’s pretty common is “Is There a Minimum Amount[…]