President Signs Small Business Jobs Bill
While the President’s and other government websites do not yet reflect an updated status for the bill, we were able to get this odd photograph from the President’s September Photos of the Day page. The caption reads, “President Barack Obama greets small business owners after signing the Small Business Bill in the East Room of the White House, September 27, 2010.” (more…)
- Published in Federal Legislation
Jobs Bill Passes House – Tax Credits Expanded Big Time!
As we anticipated, the U.S. House of Representatives has sent the Small Business Jobs Bill to President Obama’s desk for signing. The Senate passed HR 5297 last week, sending it to the House where it was passed on Wednesday. See previous post. President Obama is expected to sign. (more…)
- Published in Federal Legislation
House to Vote on HR 5297 Small Business Jobs Bill Next Week
According to House Majority Leader Steny Hoyer (Dem) the U.S. House of Representatives will vote on the Small Business Jobs Bill next week. HR 5297 was passed by the Senate earlier this week, and sent back to the House for approval. It is believed that if the bill passes the House this time, it will also be signed by President Obama. (more…)
- Published in Federal Legislation
Small Business Jobs Bill Passes Senate Includes WOTC 5-Year Carryback And More
The U.S. Senate has passed HR 5297, the Small Business Jobs Bill, by a vote of 61-37. The bill, which will be highly beneficial to some of my clients, must now go back to the House of Representatives for reconsideration there.
If passed into law, this bill will include a number of provisions relevant to hiring-based tax incentives like the Work Opportunity Tax Credit and the federal Empowerment Zone Employment Credit. (more…)
- Published in Federal Legislation