Tax Tug of War Continues – Tax Extenders Missing but Still on Radar
The U.S. Senate voted today to pass a Democrat version of the 2012 tax cut bill. The House of Representatives introduced its own Republican version yesterday and will vote on it next week. While neither proposal addresses WOTC or the majority of other tax extenders, no one expects either version to become law. And so the tug of war continues. (more…)
- Published in Work Opportunity Tax Credit
Congressman Aaron Schock – WOTC Program Must be Extended
Congressman Aaron Schock (R-IL) a primary sponsor of HR 2082, the Work Opportunity Credit Improvement Act offered the following during his testimony on Thursday before the House’s Subcommittee on Select Revenue. If you would like to listen for yourself, Congressman’s Schock’s testimony begins at time stamp 1:08:58. These specific comments begin about two minutes later at timestamp 1:11:06. (more…)
- Published in Work Opportunity Tax Credit
Urgent Matter for WOTC Program Renewal and Extension
The Ways and Means Subcommittee on Select Revenue Measures has scheduled a hearing on Tax Extenders for 10:00 AM on Thursday, April 26th. That is in six days.
This is an Urgent Matter for the Work Opportunity Tax Credit (WOTC) and other tax extenders because the policy of the Ways and Means Committee and the Republican House leadership will largely be set by the decisions flowing from this discussion. (more…)
- Published in Work Opportunity Tax Credit
Urgent WOTC Call to Action – Unique Opportunity Limited to This Morning
I received late arriving news on Tuesday from Paul Suplizio of the WOTC Coalition that Congressman Aaron Schock will be making the case for WOTC renewal at the House Republican luncheon today. The luncheon will be from noon until 1:00 PM (eastern), on Wednesday November 16th. (more…)
- Published in Uncategorized, Veterans, Work Opportunity Tax Credit