WOTC and other Tax Extenders Are Facing an Imminent Threat
Senate and House committee votes that may determine the future of the Work Opportunity Tax Credit (WOTC) are approaching in the US Congress. On Tuesday (tomorrow) the Senate Finance Committee has scheduled a hearing to markup a tax-extenders bill. The Committee will then vote to recommend the bill on Wednesday, April 2nd.
While WOTC is almost assured to be included in the Senate’s extender bill, it is not immune to amendments. WOTC proponents hope to stave off any detrimental changes, keeping the program intact until it can be revisited later in the context of comprehensive tax reform. (more…)
- Published in Work Opportunity Tax Credit
Unique Opportunity for WOTC Supporters in Oregon
Now that Senator Ron Wydon (Dem of Oregon) has taken his new post as Chairman of the U.S. Senate Finance Committee, WOTC proponents in Oregon have a unique and timely opportunity.
Senator Wydon is known for his regular town-hall meetings and his openness to constituents throughout the State of Oregon. According to the Senator’s website, he has already held more than 600 such meetings. (more…)
- Published in Work Opportunity Tax Credit
Tax Extenders a Top Priority for New Chairman of U.S. Senate Finance Committee
Senator Ron Wydon (Dem of Oregon) took over this week as the new Chairman of the Senate Finance Committee. Senator Wydon replaces Senator Max Baucus, who was recently appointed as the United States Ambassador to Japan. Like Senator Baucus, Wydon favors an early passage of tax extenders, including WOTC. (more…)
- Published in Work Opportunity Tax Credit