1-800-517-9099

Work Opportunity Tax Credit Program

"We have been using CMS' tax credit program for over five years now, and the results have been excellent, saving us over $100,000 over all our corporations.  I would strongly recommend using Cost Management Services' Tax Credit Program."
- Rich McCarthy, Great American

  Work Opportunity Tax Credits In The News

Sunday, August 1, 2010

WOTC Target Groups: Qualified Disabled Veteran

Target Group Name
Qualified Disabled Veteran

Target Group Definition
An individual who is entitled to compensation for a service-connected disability AND is hired within one year after having been discharged or released from activity duty, OR has been unemployed for six months or more (whether or not consecutive) within the one-year period ending on the hire date.

Maximum Amount of Credit
40% of first-year Qualifying Wages for those new hires employed at least 400 hours; 25% of first-year Qualifying Wages for those new hires employed between 120 and 399 hours.

Length of Credit
One Year

Qualifying Wages Capped At
$12,000

Labels: , , ,

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home

CMS - Sage Abra HRMS ▪ 321 Main Street ▪  Farmington, CT 06032 ▪  Phone: 1-800-517-9099  ▪ Fax: 860-677-7189

Copyright © 1997 - 2011 Cost Management Services, LLC

wordpress stat