Congressional Tug of War on Tax Issues: MUST Keep Pushing House and Senate for WOTC Renewal
Paul Suplizio of the WOTC Coalition gave an analysis this morning of the current situation in Congress as it relates to renewal of WOTC and other tax extenders. While there is little chance of of immediate passage, there are important political milestones to be laid at this time. (more…)
- Published in Work Opportunity Tax Credit
US House Signals: "No Tax Extenders Until After Election"
According to Paul Suplizio, President of the WOTC Coalition, the US House of Representatives’ recently announced summer legislative schedule sends a clear message about the intentions of the House Republican Leadership – no tax extenders until after the election. (more…)
- Published in Work Opportunity Tax Credit
Renewal of WOTC and Payroll Tax Cut Still Possible This Year
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