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President Promptly Signs Government Funding and Tax Extenders Legislation – WOTC Survives through 2019

by Vaughn Hromiko / Saturday, 19 December 2015 / Published in Work Opportunity Tax Credit

President Obama signed a huge tax and spending package into law on Friday following congressional votes that avoided a year-end showdown over the budget and ended legislative business until lawmakers return in 2016

Empowerment zones were reauthorized only through 2016.  Interestingly, however, the bill included a provision that expanded empowerment-zone benefits into some census tracts outside of actual zone boundaries.
It’s not yet clear to me if this empowerment-zone expansion will also affect WOTC’s Designated Community Resident target group.
Read about it in USA Today: “President Obama signs massive spending bill, tax measures into law.”

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Tagged under: President Obama, Tax Credits, Tax Extenders, Work Opportunity Tax Credit, WOTC
Vaughn Hromiko

About Vaughn Hromiko

Vaughn scours the news (with the help of daily Google alerts), finding interesting things for people who need to know about WOTC and other hiring tax credits. For 19 years, he’s been a Partner and the Director of Client Services at WOTC Planet.
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