Military Spouse Hiring Act Would Expand WOTC Target Groups
United States Senators have renewed an effort to pass the Military Spouse Hiring Act, an expansion of the Work Opportunity Tax Credit or WOTC. This bill would expand WOTC by adding a new target group known simply as “Qualified Military Spouse.”
To qualify, an eligible employee must (in the usual way) be “certified . . . as being (as of the hiring date) a spouse of a member of the Armed Forces of the United States.”
The bill does not address the meaning of “spouse,” but this term generally means an individual who is lawfully married. If passed, it will create the first WOTC target group to specifically benefit active military families.
This new target group would provide a $2,400 tax credit.
(more…)
- Published in Work Opportunity Tax Credit
Congresswoman Carol Shea-Portal’s Military Spouse Hiring Act Would Expand WOTC Target Groups
Photo by Allegra Boverman.
It’s called the Military Spouse Hiring Act (H.R.2318). If passed, military spouses would become the newest Target Group for the Work Opportunity Tax Credit (WOTC).
Congresswoman Carol Shea-Portal (D, NH) introduced this simple proposal to the House Committee on Ways and Means on May 3 of this year.
When I stumbled across this bill today, I felt embarrassed at first. How could I have overlooked it? Then I dug a little deeper. (more…)
- Published in Work Opportunity Tax Credit