Tax Credit Program Administration. Data and information provided by the states on these forms are used for program planning, evaluation of Program performance and outcomes through states' quarterly report and for oversight/verification activities as mandated by the Omnibus Budget Reconciliation Act of 1990 (P.L. 101-508) Section 11405(c), which extended indefinitely the $5 million set-aside for testing whether individuals certified as members of WOTC targeted groups are eligible for certification (including use of statistical sampling techniques). As long as there is a WOTC appropriation, this requirement continues in.....
On May 25, 2007 the Small Business and Work Opportunity Tax Act of 2007 (P.L. 110-28)was enacted. Section 8211 of this Act extended and modified the WOTC Program for a continuing 44-month period through August 31, 2011, with new provisions & amendments for certain target groups that apply to new hires who start working for an employer after May 25. The Tax Relief and Health Care Act of 2006 (P.L. 109-432), enacted December 20, 2006, extended the WOTC for two additional years through December 31, 2007 and consolidated the program by merging the Welfare-to-Work Tax Credit into the WOTC. This Act also made various amendments & introduced new provisions that streamline the program & make it easier for the business sector to participate. The statutory changes and new provisions required that the program report, processing and administrative forms, and related program materials be revised and updated to reflect the new changes and provisions to provide the state workforce agencies (SWAs) nationwide the updated tools to effectively administer the consolidated and modified program. They are:
1) ETA Form 9058 Â Report 1; 2) ETA Forms 9057, 9059, 9061 Â 9063, and 9065; 3) the May 2005 Addendum (which includes all the updated forms and new program guidance), and the Technical Assistance and Compliance Review Guide. To request a certification from a SWA, employers or their representatives must submit not only IRS Form 8850 but also either ETA Form 9061 or 9062. SWAs cannot process timely filed but incomplete requests. The Internal Revenue Service's IRS 8850 ws cleared by OMB on May 26th and is available to employers, the SWAs, and all other partners in the IRS website at www.irs.gov. Therefore, ETA is requesting this emergency ICR approval of the listed forms and program materials so that the SWAs can start processing all the new certification requests with the changes that became effective May 25, 2007. This emergency approval will help prevent the accumulation of unprocessed employer timely filed certification requests (which will result in significant backlogs for the states), and the timely issuance to employers of certifications for all the new eligible hires, in accordance with Congressional intent.
The hour difference is an adjustment due to a calculation error in an earlier 83-I despite the fact that the supporting statement contained the correct burden hours. The actual burden has not increased since the last submission.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
Form ETA-9058 Work Opportunity Tax Credit (WOTC) and Welfare-to-Work (WtW) Tax Credit
Emergency Justification 1205-0371.pdf
Reporting TEGL (P.L. 109-432)8-28-07 (Rev gs & co 6-18-07 Adds PL 110-28) R2-6-20.doc
Work Opportunity Tax Credit (WOTC) and Welfare-to-Work (WtW) Tax Credit