With just a few weeks to the IRS deadline, Efficient Forms is waiving the screening fee to help companies capture this important tax credit
Littleton, CO (PRWEB) March 31, 2013
In an effort to assist companies and Human Resource Service Providers with meeting the IRS deadline of April 29, 2013 for submitting 2012 WOTC paperwork to appropriate state agencies, Efficient Forms is making its automated WOTC Screening and WOTC forms automation service available to all companies and waiving the screening fee when they process their credits through Efficient Forms.
Earlier in March, IRS Notice 2013-14 gave guidance regarding transition relief for employers claiming the Work Opportunity Tax Credit (WOTC) that was retroactively extended from January 1, 2012 through December 31, 2013. Specifically, this notice provided employers that hire(d) members of targeted groups additional time beyond the 28-day deadline for submitting Form 8850, the Pre-screening Notice and Certification, to the appropriate state DLA.
The IRS notice includes the following: a taxable employer that hires a member of a WOTC targeted group on or after January 1, 2012, and on or before March 31, 2013, will be considered to have satisfied the requirements if it submits the completed Form 8850 to the DLA to request certification not later than April 29, 2013.
The release of EHX WOTC Screening allows companies to quickly determine if the employees they hired in 2012 are WOTC eligible, completes all the required WOTC paperwork (8850 and 9061), and captures electronic signatures from the employee and company HR administrators. Efficient Forms will also assist companies with processing the credits utilizing EHX WOTC Processing services. Efficient Forms is also releasing the WOTC Screening tools to Payroll Providers and PEO groups to assist them with identifying 2012 WOTC credits for their customers' companies.
“Many companies have not taken advantage of the Work Opportunity Tax Credit due to the complexity of the forms and certification process. Our EHX WOTC Screening service removes those barriers. Our easy to follow, plain English, interactive Question and Answer process makes it easy to complete the required WOTC forms (8850 and 9061). With the April 29th deadline to submit WOTC forms looming, we felt it was necessary and important to offer our tools to assist companies with this daunting task.” David Kenney, CEO, Efficient Forms, LLC
EHX WOTC Screening can be setup in a matter of minutes for a company, payroll provider or PEO. Efficient WOTC Screening is simplifying a complex process in time for companies to meet the April 29th submission deadline.
About Efficient Forms, LLC and Efficient Hire – EHX/WOTC
Founded in 2004, Efficient Forms, LLC is a privately-held Colorado company that specializes in automated electronic solutions for dynamic and cost-effective forms completion, data collection, and process workflow. Its Transaction Origination Platform powers the company's various industry leading SaaS services by allowing its customers to capture data for multiple forms by using an online one-time-entry "interview." Its market leading solutions, Efficient Hire and Efficient WOTC, automate the new hire onboarding process for all types of employers.