WOTC e-filing and signatures
August 15, 2015
By Stacey May, Director of Tax Credits
The IRS allows, and in some cases requires, electronic filing of many tax forms, enabling taxpayers to receive any potential refunds much faster than if they were sent using traditional mail. Many states are following suit for the Work Opportunity Tax Credit (WOTC).
Thirty-four states plus Washington D.C. allow electronic filing for WOTC, and almost all of the rest are establishing the means to do so. Each state tends to use its own system, but several states do use the same technology. Electronic filing eliminates paper waste and streamlines the process, making it more efficient and accurate. Automating the WOTC process is especially beneficial for understaffed.
HK Payroll Services, Inc.’s (HKP) online forms solution uses electronic filing and electronic signatures to make the WOTC filing process easier than ever. In a few simple steps, your business can have your applications filed. Clients have 24/7 access to all of their information including certifications and denials, credit amounts, and other useful information.
Additionally, HKP is in close contact with WOTC state administrators throughout the country to stay abreast with the latest developments and improve service to our clients, ensuring they’re able to take advantage of valuable tax credits in an efficient and environmentally friendly way.