WOTC Survives Tax Reform Compromise!
Friday, 15 December 2017
After a flurry of last-hour compromise, the the Tax Cuts and Jobs Act (aka Republican tax reform bill) was finalized on Friday. At about 5:30 PM Eastern, an updated copy of the bill was released to the public (see Business Tax Reform, Section E (4).) (more…)
- Published in Work Opportunity Tax Credit
2 Comments
Senate’s Late Night Vote on Tax Reform Keeps WOTC
Monday, 04 December 2017
United States Senate Chamber
Saturday just before 2:00 AM Eastern, the Senate voted to pass its version of the Tax Cuts and Jobs Act. The Senate’s bill remains silent on the Work Opportunity Tax Credit (WOTC), which the House version seeks to repeal.
In this circumstance, silence is golden if you prefer that the WOTC program remain in place. (more…)
- Published in Work Opportunity Tax Credit