More Senators Want to Reinstate Unemployed Veteran WOTC Group
U.S. Senator Richard Blumenthal’s (D-CT) office issued the following press release yesterday. Interest in restoring WOTG Target Group “J” (Unemployed Veteran) has been growing since the legislation that created the category expired on December 31, 2010. Target Group K (Disconnected Youth) also expired on December 31. (more…)
- Published in Federal Legislation
Renew Unemployed Vet WOTC Group and Create Iraq and Afghanistan Vet Tax Credit
Democrat Congressman Peter Welch (Vermont) announced legislation on Monday that would renew the Unemployed Veteran WOTC target group, which expired on December 31, 2010. The Veterans Employment Tax Credit Act would provide a $2,400 tax credit when businesses hire a veteran released within the past 5 years who has received unemployment benefits for at least 4 weeks during the 12 months prior to hire. (more…)
- Published in Federal Legislation
Back to Work Tax Credit Act
Congressman John Boccieri (Democrat of Ohio)
Representative Tom Rooney (Republican of Florida), has introduced a second bill proposing to expand the Work Opportunity Tax Credit (or WOTC) program. Cosponsored by Congressman John Boccieri (Democrat of Ohio), this bill would add a new eligibility category (or “targeted group”) — Long Term Unemployed. Click here for Representative Rooney’s press release. (more…)
- Published in Federal Legislation, Unemployed Workers