WOTC allows employers that hire members of targeted groups who face employment barriers to claim a credit against income tax of a percentage of first-year wages. In a recent News Release, the IRS reminds employers there are now ten categories of eligible workers:

  • Qualified IV-A Temporary Assistance for Needy Families recipients
  • Unemployed veterans, including disabled veterans
  • Ex-felons
  • Designated community Residents living in Empowerment Zones or Rural Renewal Counties
  • Vocational rehabilitation referrals; summer youth employees living in Empowerment Zones
  • Food stamp (SNAP) recipients
  • Supplemental Security Income recipients; long-term family assistance recipients
  • Qualified long-term unemployment recipients

Before claiming the credit, employers must first request certification on Form 8850 within 28 days after the eligible worker begins. Though generally ineligible for the credit, tax-exempt organizations can claim the WOTC for hiring qualified veterans.

View more information from the IRS>>>

Print Friendly, PDF & Email
Jeff Uhlir
Jeff Uhlir
I joined Hawkins Ash CPAs in 2007. I am a senior associate, and provide a full range of tax services to commercial and nonprofit entities. I am the firm’s sales tax specialist. I also audit employee benefits plans and am a member of the firm’s Employee Benefit Plan Service Group.

Your Name (required)

Your Email (required)

Your Message

Are you human?


T: 800.658.9077
E: info@hawkinsashcpas.com

Locations

Your Name (required)

Your Email (required)

Your Message

Are you human?


T: 800.658.9077
E: info@hawkinsashcpas.com

Locations