House Divided Over Tax & Spend Options – Tax Extenders Are Negotiable

A precarious moment has arrived for extending the Work Opportunity Tax Credit (WOTC) and other tax extenders.  Republican leadership has expressed their general opposition to the $200 billion in “stimulus” included in President Obama’s budgetary demands.  The Republican leadership has not specifically mentioned the $40 billion in tax extenders BUT the extenders (including WOTC) are part of the larger $200 billion stimulus package. (more…)

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Situation Volatile but Reasonable Chance for Tax Extenders this Year

The elections are over and many otherwise interested Americans have turned (at least one eye) temporarily away from politics. I understand the sentiment.  Forcing yourself to follow Congress right now is like dragging one of those civil-war era canon balls with a chain around your ankle.
Nevertheless, important issues are being addressed, including the Work Opportunity Tax Credit and numerous other tax extenders. (more…)

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