Within the past hour, news is hitting the wires of a fiscal cliff deal in sight. ABC News. CNN.
We have it from Paul Suplizio of the WOTC Coalition that tax extenders, including WOTC, have made it into the deal retroactive through 2013. (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…)
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Assemblyman V. Manuel Pérez (D-Coachella) was appointed the Democratic Whip of the California State Assembly on Monday as part of the new leadership team of State Assembly Speaker John A. Pérez. (more…)
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