52 Broadway 4th Floor
New York, NY 10004
t / 212.577.5512   f / 212.577.5517
info@cgsnyc.org

 

CGS News

CGS Launches GoFundMe Page

This year we are looking to raise $2,500 to provide interview attire and transportation for
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CGS is now offering a new Work Readiness Program geared to Youth Employment Services

We are proud to announce our new and improved Work Readiness program. CGS now offers
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CGS was awarded a Balancing Incentive Grant and is now offering a new program entitled Enhanced Support Services

We are proud to announce we are now accepting applicants for our new program... Enhanced
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Hiring CGS Graduates

Tax Incentives

The Work Opportunity Tax Credit (WOTC) provides a federal tax credit for employers who hire individuals with disabilities which are considered barriers to employment. The tax credit is up to 40% of the employee’s first $6,000 in wages – up to a maximum of $2,400.

The Workers with Disabilities Employment Tax Credit (WETC) provides a state tax credit for employers who hire individuals with disabilities which are considered barriers to employment. The tax credit is up to 35% of the employee’s first $6,000 in wages during the second year of employment up to a maximum of $2,100.

The Empire Zone (EZ) Wage Tax Credit benefits employers whose business is located in an Empire Zone; this must be certified by the NYS Department of Labor and the Empire State Development Commissioner. This tax credit is for a newly created job.

  • The credit is $3,000 if the person hired is a targeted individual and the job pays at least 135% of the minimum wage.
  • The credit is $1,500 if the person hired is not a targeted individual or the job pays less than 135% of the minimum wage.

This credit can be applied for up to five years.

For additional information regarding tax incentives, including certification requirements and what the employer needs to do, please see:

U.S. Dept. of Labor: www.dol.gov/dol/topic/disability/hiring.htm

NYC.GOV: https://www1.nyc.gov/nycbusiness/description/workers-with-disabilities-employment-tax-credit

NY MAKES WORK PAY: http://www.nymakesworkpay.org/re-hiring.cfm

Contemporary Guidance Services, Inc.
52 Broadway 4th Floor, New York, NY 10004
t / 212.577.5512  f / 212.577.5517
info@cgsnyc.org

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