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…)
Tag: Department Of Employment Security
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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…)
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If you’ve been listening to talk radio or the news this morning, you will have already heard House Speaker John Boehner’s talking about the House’s “Plan B” tax bill. The White House has already rejected the Plan B proposal and it is expected to also die in the Senate. Nevertheless, the bill is important because it will outline what is important to House Republicans and will potentially set a baseline for supporting tax extenders in subsequent bills. (more…)
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We’ve grown accustomed to California’s Governor and Democrat-controlled legislature’s attempts to curtail the state’s enterprise zone program. Governor Brown’s 2010 budget proposal included provisions to completely eliminate the program. Such attempts have consistently failed in the past, while supporters of the program have furthered their own efforts to make the program more effective and accountable. (more…)
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On Monday, U.S. Senator Charles E. Schumer (D., NY) and U.S. Senator Robert Menendez (D., NJ) announced comprehensive legislation to reduce the tax burden on those financially impacted by Superstorm Sandy. It’s called “The Hurricane Sandy and National Disaster Tax Relief Act of 2012.”
Within its mixed bag of proposed tax benefits, we find this jewel: a new WOTC category for Hurricane Sandy victims. (more…)PUBLISHED IN
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