An article published today in The Saratogian by Paul Post outlines the recent renewal of the Returning Heroes and Wounded Warriors tax credits (as target groups within the Work Opportunity Tax Credit program). The so-called American Taxpayer Relief Act of 2012 reauthorized the WOTC program through December 31, 2013. (more…)
The American Taxpayer Relief Act of 2012 was passed by the US House this evening and President Obama will sign it. The bill renews a slew of the so-called tax extenders, including the Work Opportunity Tax Credit through 2013. (more…)
This update from Paul Suplizio, President of the WOTC Coalition, offers some additional details about the fiscal cliff bill passed by the Senate late tonight.
Contrary to my earlier observations, Paul states that the bill DOES include VOW to Hire Hero provisions in its extension of the Work Opportunity Tax Credit. Hopefully, I was wrong. I like Paul’s version better.
Paul also makes some important observations about recent Hurricane Sandy relief efforts — including a proposal to expand the WOTC Program with a new Hurricane Sandy target group. (more…)