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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: Title IV-A Recipient

Target Group Name: Title IV-A Recipient

Target Group Definition
A member of a family who received Temporary Assistance to Needy Families (TANF) for any nine out of the 18 month 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: $6,000

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