Senator Schumer Extols Extension of VOW to HIRE Veteran WOTC Target Groups
Friday, 04 January 2013
An article published today in The Saratogian by Paul Post outlines the recent renewal of the Returning Heroes and Wounded Warriors tax credits (as target groups within the Work Opportunity Tax Credit program). The so-called American Taxpayer Relief Act of 2012 reauthorized the WOTC program through December 31, 2013. (more…)
- Published in Work Opportunity Tax Credit
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New WOTC Category Proposed – for Hurricane Sandy Employees
Tuesday, 11 December 2012
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…)
- Published in Work Opportunity Tax Credit