The Federal Work Opportunity Tax Credit (WOTC) has been reauthorized for 5 years, retroactive to January 1, 2015 as part of the tax extender legislation (Protecting Americans from Tax Hikes Act of 2015 (PATH Act)) that was passed in December. The credit is available to employers of eligible new hires who begin work before January 1, 2020. Attached are the forms and related information. These forms should be incorporated in the new hire packets and become part of your hiring process.
The credit is available to employers for hiring individuals from the below target groups. Further definition of these target groups is included in the attachment Target Group Eligibility.
DOWNLOAD: Target Group Eligibility
The employer must complete the following steps to apply for the certification to receive the WOTC.
DOWNLOAD: Instructions to Form 8850 • Form 8850
DOWNLOAD: ETA Form 9061 • ETA Form 9062
New York WOTC Unit
New York State Department of Labor
State Office Building Campus
Building 12, WOTC Unit, Room 200
Albany, NY 12240
Contact: Bonnie.Lance@labor.state.ny.us
Phone: 518-457-6823 or 800-447-3992 (Toll Free)
Once the NY Department of Labor approves the request you will receive a certificate of final determination from the DOL. Please forward us a copy of this certificate to attach to the tax return in order to claim the credit.
We are awaiting guidance if there will be a transitional relief period for certification requests for new hires that were employed between January 1, 2015 and December 31, 2015. If you have any employees that meet the criteria for which the above forms were not filed with the DOL, please submit the forms as soon as possible.
Download the following PDFs:
Cory has over 13 years of experience providing tax services to commercial businesses and individuals. He specializes in assisting clients navigate the myriad of business development incentives offered by various Federal, State and Local agencies to encourage regional investment, spur job creation and foster economic growth. Cory has experience in all areas of U.S. Federal and NY State Taxation. He has been with Lumsden McCormick since 2001, was nominated to the partnership of the Firm in June 2014 and became partner January 1, 2015.