Senator Schumer Extols Extension of VOW to HIRE Veteran WOTC Target Groups
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…)
- Published in Work Opportunity Tax Credit
Tax Bill Passed by House – WOTC Extended through 2013
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…)
- Published in Work Opportunity Tax Credit
More on the US Senate’s Fiscal Cliff Bill and Tax Extenders
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…)
- Published in Work Opportunity Tax Credit
Senate Passes Fiscal Cliff Bill – WOTC, Empowerment Zones and Indian Employment Credit Included
US Senators worked late into the wee hours tonight. Sometime after 2:00 AM Eastern, they finally passed the Senate’s compromise bill to avert the fiscal cliff. They are calling it the “American Taxpayer Relief Act of 2012.” Read about it on CNN Politics. (more…)
- Published in Disconnected Youth, Veterans, Work Opportunity Tax Credit