News and Insights

IRS Notice Allows Employers Extended Time Period to Take Advantage of the Work Opportunity Tax Credit

Tax Development Feb 23, 2015

On Thursday, February 19, 2015, the Internal Revenue Service (IRS) announced that employers participating in, or planning to participate in, the Work Opportunity Tax Credit (WOTC) program shall be granted an extension of the time allowed to file Form 8850, Pre-Screening Notice and Certification Request for the Work Opportunity Credit. The full text of the IRS bulletin can be found at IRS Notice 2015-13.

WOTC was extended last year through the Tax Increase Prevention Act of 2014 on December 19, 2014. Because the Act retroactively extended WOTC for 2014, the IRS recognized that employers need additional time to file their WOTC applications. Under the extension, employers who hired qualified members of targeted groups during 2014 will be considered to have filed Form 8850 on time, if filed no later than April 30, 2015.


Allea Newbold