A press release published by KPBS in San Diego announced that today the State of California gave a green light to the San Diego Regional Enterprise Zone’s desire to expand into northern areas of San Diego. (more…)
A press release published by KPBS in San Diego announced that today the State of California gave a green light to the San Diego Regional Enterprise Zone’s desire to expand into northern areas of San Diego. (more…)
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Yesterday, Paul Suplizio, President of the WOTC Coalition, sent me a copy of an important letter being organized by freshman Republican members of Congress. The letter is addressed to Dave Camp, Chairman of the House Ways and Means Committee and to Patrick J. Tiberi, Chairman of Ways and Means Select Revenue Measures Subcommittee. (more…)
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This is a request for reader feedback on an issue related to the HIRE Act worker retention tax credit that many employers are claiming with their 2011 federal income tax returns.
Question: Has anyone filed IRS Form 8886 “Reportable Transaction Disclosure Statement” (or had any related experience) in connection with service fees for the HIRE Act new hire retention tax credit program? (more…)
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On March 16, 2012, the WOTC Planet told you about Delaware Governor Jack Markell’s support of a new tax credit for employers that hire military veterans in the State of Delaware. Almost five months later, we have more good news.
The Veterans Opportunity Tax Credit program was signed by the Governor on July 31st. (more…)
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It is quite sad. Just 2 days before the Senate Finance Committee completed its markup of the Family and Business Tax Cut Certainty Act of 2012, the Department of Labor issued Training and Guidance Letter (TEGL) 04-2012.
TEGL 04-2012 introduces the Department’s updated Form ETA 9061, which is the Individual Characteristics Form included in the WOTC program’s employee-application for certification. (more…)
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Good news came smiling out of Washington, D.C. this week for the Work Opportunity Tax Credit (WOTC) program and a number of other tax extenders. Some of you have contacted me with leads and insights, for which I thank you all.
On Wednesday, Senator Max Baucus, Chairman of the Senate Finance Committee (a Democrat) and Senator Orin Hatch, the Committee’s top ranking Republican announced that a bipartisan agreement had been reached for the nervously-awaited tax extenders bill. (more…)
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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…)
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Paul Suplizio of the WOTC Coalition gave an analysis this morning of the current situation in Congress as it relates to renewal of WOTC and other tax extenders. While there is little chance of of immediate passage, there are important political milestones to be laid at this time. (more…)
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Sometimes, the best I can do is to simply pass good news directly on to you, readers of The WOTC Planet.
Following is a correspondence from Paul Suplizio, President of The WOTC Coalition. It is published here with his permission. (more…)
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Very good news for advocates of extending the Work Opportunity Tax Credit (WOTC)! Another influential Republican has announced that she will co-sponsor H.R. 2082, the WOTC Improvement Act. H.R. 2082 proposes to extend WOTC for three years while making various improvements to the program.
According to the Bill Summary and Status published by the Library of Congress, H.R. 2082 currently has 24 cosponsors . . . including Congressman Dan Lungren, my Representative for California district 3. (more…)
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