16

Mar

New Work Opportunity Tax Credit Forms Issued

The US Department of Labor (USDOL) has issued newly revised Work Opportunity Tax Credit (WOTC) forms with an expiration date of January 31, 2020.  The new ETA Form 9061 and the new ETA Form 9175 contain changes to questions regarding the Long-Term Unemployment Recipient (LTUR) Target Group.  A grace period to transition to these revised forms is granted through April 11, 2017.  The IRS Form 8850 (Rev. 3-2016) is unchanged and remains the existing form.  These forms are available for download, here.

HIREtech systems are fully updated and compliant with all WOTC regulations.  For more information about how the WOTC credit can impact your business, contact us.