Renewal of WOTC and Payroll Tax Cut Still Possible This Year
Monday, 19 December 2011
If you’ve been following the news during the past few days, you might be aware that Congressional leaders are sparring over legislation to extend the existing payroll tax cut. Over the weekend, the Senate rejected the House’s proposal and responded with a proposed 2-month extension, obviously intended to buy time for further negotiations.
Neither version of the legislation included WOTC nor other sought after tax-extenders. This is not, however, the end of the game. (more…)
- Published in Work Opportunity Tax Credit