History of the WOTC Program

About the WOTC program: The Work Opportunity Tax Credit program (WOTC) was introduced on October 1, 1996 to provide tax incentives for employers who hire individuals from specific target groups. People from these target groups have been identified by the U.S. government as having historically high unemployment rates. Through WOTC, employers can earn a tax […]

Using MCM’s Online WOTC System

Mckenzie Chase Management clients can use a simplified approach to WOTC by moving to our online screening platform. When starting the online WOTC system, each home office and location receives: Secure login credentials, including a login name and password A link to hiring forms Administrative access to monitor activity Using the online WOTC system is […]

Unemployment and WOTC

As a tax credit advisory firm we look at unemployment data differently. When the monthly rate comes out we turn right to the data table (link below). We’ve discovered a statistic that is, at the same time, shocking and interesting. This number is especially interesting to those participating in employer tax credit programs. Who are the “Unemployed“: The definition […]

5 Reasons to Outsource: Missed Opportunity

MISSED OPPORTUNITY! Many of our satisfied clients delayed using Mckenzie Chase to maximize their employment tax credit savings, usually because they were skeptical that the savings would be worthwhile. As current clients, they now know better! To see what your company is missing in savings Download the White Paper about the “Eight Things You Need […]

Tax Credit Potential Savings

Tax Credit Potential Savings The WOTC Program The work opportunity tax credit program (WOTC) was developed as a partnership between the U.S. Department of Labor and the IRS. WOTC provides employers an opportunity to earn tax credits for hiring individuals from federally recognized target groups that typically have high unemployment rates. Earned tax credits are […]

5 Reasons to Outsource: DIY?

Do It Yourself? After a complimentary demonstration of our web-based or paper processes you might think, “This looks so easy I can do it myself!” As an MCM Client it IS very easy to capture your fair share of savings, but doing it yourself is a grueling nightmare of paperwork and regulatory red tape. FOR […]

BEHIND THE SCENES AT MCM: How WOTC was renewed through 2019, what it means and how McKenzie Chase played an important role

Companies benefiting from WOTC savings have always been frustrated by the inability of Congress to pass WOTC for more than a year or two at a time, usually well after its official sunset.  Although WOTC has now been around for more than 20 years since the first legislation took effect on October 1, 1996, it […]

Cutting Healthcare Costs with WOTC Screening

As a result of the Affordable Care Act (ACA) legislation, employers can face dramatically increased healthcare costs. To reduce the potential cost of healthcare for both employers and employees, the ACA includes a provision that allows low-income employees to qualify for free government healthcare coverage under Medicaid, giving the employer a waiver for each of […]

The failure of Congress to enact Healthcare reform re-shines the spotlight

FAILURE TO ENACT HEALTHCARE REFORM KEEPS THE DOOR OPEN …to saving your company money. Companies with at or below minimum wage earners with a health insurance plan can provide enhanced healthcare benefits to qualified employees while both cutting healthcare costs and avoiding ACA fines for healthcare non-compliance. The failure of Congress to enact Healthcare reform […]