It is time to think about updating your Work Opportunity Tax Credit (WOTC) pre-screening documents.
The IRS’ latest revision to Form IRS 8850, “Pre-Screening Notice and Certification Request for the Work Opportunity Credit” is dated March 2015. I do not notice any material changes to the form.
Keep alert for possible instructions from the IRS regarding deadlines for switching over. In the past, the IRS has continued to allow the use of older versions of the form, although this can be problematic if the program’s eligibility criteria have changed. In this case, however, there are no program changes reflected on the form.
Interestingly, the IRS issued this revision during a period when the WOTC program itself has not yet been reauthorized by Congress for 2015.
For my firm’s clients, we will be updating your screening materials in a manner convenient for you, as you continue to use your current stock of screening packets.
IRS Revises Form 8850
