Paperless Federal Tax Credit Eligibility Form
Employers hiring an individual from certain target groups who have consistently had difficulty finding jobs may be eligible to receive a federal tax credit. Work Opportunity Credit Forms 8850 and 9061 for Sage HRMS HR Actions streamline the process of completing the form used to determine if the existing employee qualifies as a member of a targeted group.
Reduce Tax Liability
Provide Form 8850 to all employees for completion during onboarding. There is no limit to the number of qualifying people an employer can hire. Employers claim nearly $1 billion in tax credits annually under the WOTC program.
Stay Compliant
Ensure IRS form 8850 is completed on the first day of hire and maintained in an electronic file as required in case of an audit.
Employee Initiated
Existing employees access IRS Form 8850 through self-service in Sage HRMS HR Actions or Sage ESS. After finishing their section, the form is automatically forwarded to the employer for completion.
Paperless Forms
Complete and maintain Work Opportunity Credit Form 8850 electronically, eliminating paper forms and files.
How it Works
When an employee opens the form in Sage HRMS HR Actions, the plugin automatically fills in personal information as recorded in Sage HRMS. The employee then selects all target groups that apply to them and signs the form by entering their name and current date. The approver then enters the required information in the employer section, and when all is considered correct, the form is marked “Complete.”
Integration with your third-party WOTC provider is available. Please contact us for details.
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Success Stories
American Engineering Testing, Inc.
L&M Fleet Supply
Petroleum Wholesale, L.P.
