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Category: WOTC Tax Credits

WOTC Tax Credit iRecruit

WOTC Wednesday: Why Use a WOTC Screening Service Instead of Doing It Yourself

Posted on by iRecruit

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 Read more about WOTC Wednesday: Why Use a WOTC Screening Service Instead of Doing It Yourself[…]

WOTC Tax Credit iRecruit

Have You Missed Out on Work Opportunity Tax Credits this Year?

Posted on by iRecruit

Did you know you could be missing out on a little known tax credit that employers can take advantage of when they hire new employees? The Work Opportunity Tax Credit known as #WOTC is a federal tax credit available to employers who hire individuals from target groups. On average between 10-15% of all new hires Read more about Have You Missed Out on Work Opportunity Tax Credits this Year?[…]

WOTC Tax Credit iRecruit

What Is the Work Opportunity Tax Credit (WOTC), and How Does It Benefit Employers?

Posted on by iRecruit

The Work Opportunity Tax Credit is a Federal tax credit available to employers* to hire and retain individuals from ten target groups with significant barriers to employment. Employers claim billions in tax credits each year under the WOTC program. There is no limit on the number of individuals an employer can hire to qualify to claim Read more about What Is the Work Opportunity Tax Credit (WOTC), and How Does It Benefit Employers?[…]

WOTC Tax Credit iRecruit

Get To Know the Target Groups for the Work Opportunity Tax Credit – Which Employees Qualify?

Posted on by iRecruit

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. There are ten WOTC Target Groups: Target Groups include Veterans, Ex-Felons, Individuals who have received Food Stamps, or TANF benefits. Read more about Get To Know the Target Groups for the Work Opportunity Tax Credit – Which Employees Qualify?[…]

WOTC Tax Credit iRecruit

Does an employee still qualify for the Work Opportunity Tax Credit when they work remotely?

Posted on by iRecruit

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. Does an employee still qualify for the Work Opportunity Tax Credit when they work remotely? CMS Responds: It doesn’t matter where they work, it really comes under how long they work, and how much they receive as earnings if they’re qualified. Qualified candidates Read more about Does an employee still qualify for the Work Opportunity Tax Credit when they work remotely?[…]

WOTC Tax Credit iRecruit

WOTC Tax Credit Calculator – How to Estimate Your Potential Tax Credits

Posted on by iRecruit

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. WOTC Wednesday: Big 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 and qualify for one of the targeted groups. If they Read more about WOTC Tax Credit Calculator – How to Estimate Your Potential Tax Credits[…]

WOTC Tax Credit iRecruit

Does iConnect include Work Opportunity Tax Credit Screening?

Posted on by iRecruit

  Does iConnect include Work Opportunity Tax Credit Screening? “WOTC” or the Work Opportunity Tax Credit is available to all iRecruit customers. The Work Opportunity Tax Credit is a federal tax credit available to employers who hire individuals from target groups who have faced significant barriers to employment. Target groups include individuals on SNAP benefits, Read more about Does iConnect include Work Opportunity Tax Credit Screening?[…]

WOTC Tax Credit iRecruit

Making WOTC a Part of Your Onboarding Process

Posted on by iRecruit

At iRecruit, we hear from people who visit our website all the time who tell us that when it comes to the Work Opportunity Tax Credit, it “takes too much time to manage.” Or “there’s too many rules to follow.” It’s true, Work Opportunity Tax Credit screening can be intimidating. That’s where we come in. Read more about Making WOTC a Part of Your Onboarding Process[…]

WOTC Tax Credit iRecruit

Three Things Employers Don’t Know About the Work Opportunity Tax Credit

Posted on by iRecruit

The Work Opportunity Tax Credit known as #WOTC is a federal tax credit available to employers who hire individuals from disadvantaged groups of workers. So what does CMS know about WOTC, that most employers don’t? WOTC only applies to New Hires, No Rehires are Eligible. The bottom line is, if you don’t screen your new Read more about Three Things Employers Don’t Know About the Work Opportunity Tax Credit[…]

WOTC Tax Credit iRecruit

What is Work Opportunity Tax Credit Screening?

Posted on by iRecruit

 The Work Opportunity Tax Credit known as #WOTC is a federal tax credit available to employers who hire individuals from disadvantaged groups of workers. When you include WOTC Screening with iRecruit, it can save your company significant amounts of money. WOTC Screening is used to determine if a new hire is a member of Read more about What is Work Opportunity Tax Credit Screening?[…]

WOTC Tax Credit iRecruit

An Introduction to the Work Opportunity Tax Credit

Posted on by iRecruit

By taking advantage of the Work Opportunity Tax Credit, CMS can find your organization significant savings. Between 8-15% of New Hires may fall into one of 10 qualifying categories for WOTC. This can make you eligible to receive a tax credit of between $2,400 and $9,600 depending on the qualifying category. What is WOTC? Giving Read more about An Introduction to the Work Opportunity Tax Credit[…]

WOTC Tax Credit iRecruit

How Many Veterans Are Hired Each Year That Qualified for WOTC? & Where to Post Jobs to Attract Applications from U.S. Veterans

Posted on by iRecruit

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit. (Repost from CMSWOTC.com) Today’s WOTC Wednesday question:  How Many Veterans Are Hired Each Year That Qualified for WOTC? CMS Responds: Do you know how many Veterans are hired each year with the assistance of the WOTC program? Well, we do know that answer. It’s Read more about How Many Veterans Are Hired Each Year That Qualified for WOTC? & Where to Post Jobs to Attract Applications from U.S. Veterans[…]