QUESTIONS? CALL: (800) 655-5281Login to WOTC Status Tracker

WOTC Planet

  • Tax Benefits
    • Reasons to WOTC
    • Employee Retention Credit
    • Military Veterans
  • How We Serve
    • Ways to WOTC
  • Marketplace
    • Marketplace Partners
  • Accountants
  • Resources
    • Frequently Asked Questions
  • About Us
    • Testimonials
  • Blog
Find My Tax Credits

We’re Still Waiting – Tax Extenders Omitted from the Two-Year Budget Deal

Thursday, 29 October 2015 by Vaughn Hromiko

I’m sorry, I should have posted this sooner.
The Bipartisan Budget Agreement of 2015 as worked out by Speaker Boehner and other leaders this week does not include WOTC or other tax extenders. The extenders will likely become a priority for the new Speaker in coming days. They most certainly ARE a priority for tens of thousands of businesses and tax payers, all of whom have their eyes on Congress this week. (more…)

Bipartisan Budget Agreement of 2015Speaker John BoehnerTax ExtendersWOTC
Read more
  • Published in Uncategorized
No Comments

Put on Your Lobbying Shoes – Budget Negotiations Coming Soon

Tuesday, 10 September 2013 by Vaughn Hromiko

This year has passed too quickly.  It’s already September 10th!
Only yesterday it was 4th quarter 2012 and we were perplexed about how Congress would handle (or fail to handle) the many expired tax extenders. For patrons of the WOTC program, the time to sweat has come again. (more…)

Paul SuplizioSpeaker John BoehnerTax ExtendersWork Opportunity Tax CreditWOTCWOTC Coalition
Read more
  • Published in Uncategorized, Work Opportunity Tax Credit
No Comments

Tax Reform on the Horizon – Battle for WOTC and Other Incentives Looms

Friday, 01 March 2013 by Vaughn Hromiko

Speaker of the US House of Representatives, John Boehner (R-Ohio) has recently repeated his vow to make comprehensive tax reform a top priority of the new Congress this year.  Symbolic of that end, Speaker Boehner has reserved the designation of House Resolution 1 (HR 1) for the coming tax reform bill. (more…)

Comprehensive Tax ReformDisconnected YouthHR 1Paul SuplizioSenator Max BaucusSequesterSpeaker John BoehnerWork Opportunity Tax CreditWOTCWOTC Coalition
Read more
  • Published in Work Opportunity Tax Credit
No Comments

"Plan B" Action Alert – Support Inclusion of Tax Extenders in House Tax Bill

Tuesday, 18 December 2012 by Vaughn Hromiko

If you’ve been listening to talk radio or the news this morning, you will have already heard House Speaker John Boehner’s talking about the House’s “Plan B” tax bill.  The White House has already rejected the Plan B proposal and it is expected to also die in the Senate.  Nevertheless, the bill is important because it will outline what is important to House Republicans and will potentially set a baseline for supporting tax extenders in subsequent bills. (more…)

Paul SuplizioPlan BSpeaker John BoehnerTax ExtendersWork Opportunity Tax CreditWOTC CoalitionWOTC Extension
Read more
  • Published in Work Opportunity Tax Credit
No Comments

Negotiation Gap Narrows as Obama’s Offers Continue to Include WOTC

Tuesday, 18 December 2012 by Vaughn Hromiko

As the tax and spend negotiations continue, President Obama’s most recent offer on Monday included an extension of the Work Opportunity Tax Credit program and other tax extenders.  This has been consistent while the public focus of the negotiations has been on areas of deeper disagreement. Already this morning, the White House rejected House Speaker Boehner’s counter offer. (more…)

Paul SuplizioPresident Barack ObamaSpeaker John BoehnerTax ExtendersWOTC CoalitionWOTC Extention
Read more
  • Published in Work Opportunity Tax Credit
No Comments

Something to Watch – Today’s Obama Interviews May Provide a Breakthrough on Tax Extenders

Thursday, 13 December 2012 by Vaughn Hromiko

President Obama’s  TV interviews scheduled for today may provide fuel for a potential breakthrough in tax and spending talks, according to Paul Suplizio, President of the WOTC Coalition.  WOTC and numerous other tax provisions hang in the balance . . . although failure now may still be rectified after the new year. (more…)

Fiscal CliffPresident Barack ObamaSpeaker John BoehnerWork Opportunity Tax CreditWOTC
Read more
  • Published in Work Opportunity Tax Credit
No Comments

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

Thursday, 06 December 2012 by Vaughn Hromiko

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…)

Paul RyanPaul SuplizioPresident Barack ObamaSpeaker John BoehnerTax ExtendersWork Opportunity Tax CreditWOTCWOTC Coalition
Read more
  • Published in Work Opportunity Tax Credit
No Comments

Situation Volatile but Reasonable Chance for Tax Extenders this Year

Monday, 03 December 2012 by Vaughn Hromiko

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…)

Paul RyanPaul SuplizioSenate Bill 3521Speaker John BoehnerTax ExtendersTim GeithnerWork Opportunity Tax CreditWOTC
Read more
  • Published in Work Opportunity Tax Credit
No Comments

Congressional Tug of War on Tax Issues: MUST Keep Pushing House and Senate for WOTC Renewal

Tuesday, 17 July 2012 by Vaughn Hromiko

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…)

DISCLOSE ActPaul SuplizioRepresentative Dave CampSenator Harry ReidSpeaker John BoehnerTax ExtendersWork Opportunity Tax CreditWOTCWOTC CoalitionWOTC Extention
Read more
  • Published in Work Opportunity Tax Credit
No Comments

Latest News on Payroll Tax Cut Extension and WOTC Renewal

Wednesday, 15 February 2012 by Vaughn Hromiko

I thought you might appreciate the following excerpt from a recent email update I received from WOTC Coalition President Paul Suplizio.  Some of this has been reported in the news but Paul’s perspective adds something important.  I am re-publishing this with his permission.

In a statement [Monday], Speaker John Boehner and Majority Leader Eric Cantor said they will no longer require offsets for the $100 billion cost to extend the payroll tax cut to the end of the year, and are preparing a bill that will extend the payroll tax cut separately if the conference reaches no agreement, leaving the conference to continue working on unemployment insurance and Medicare doctors’ payments.

The conference committee is being notified of this new Republican position, which means $100 billion of the total $160 billion cost of the payroll bill would not have to be offset.

The conferees still have time to reach agreement on a total package, but if they don’t the Speaker is free to make the effort to pass a stand-alone bill extending the payroll tax only. This would remove payroll tax as a partisan issue, but the Speaker is likely to need Democratic support because of the roughly ninety Republicans who would not vote to increase the deficit.

Senator Reid is expected to make the extenders part of the bill he has said he will introduce if the conference bogs down. He will have the option to bring it to a vote or attach it to any stand-alone payroll bill that passes the House.

Unemployment compensation and doc fix remain “must do” issues, even if payroll tax is passed separately—thus we continue to work for the tax extenders to be added to HR 3630 in conference.

If $40 billion for tax extenders is added, the total requiring offset would be $100 billion for unemployment insurance, doctors’ fix, and the tax extenders. Democrats are arguing unemployment insurance should not be offset, and a good case can be made for not offsetting the tax extenders.

Comments: The Republican leadership’s concession on not requiring a budget offset to the “cost” of the payroll-tax-cut extension reduces the total amount of offsets needed to pass all of the priority items.  One of those priority items is the tax extenders, which will presumably include WOTC.
What this boils down to is that we are likely to at least see legislation soon with tax extenders attached.  Whether Congress can pass it, of course, is a separate question.  Nothing is certain and the political environment remains volatile.

Majority Leader Eric CantorPaul Supliziopayroll tax cutSpeaker John BoehnerTax ExtendersWork Opportunity Tax CreditWOTCWOTC Coalition
Read more
  • Published in Federal Legislation, Work Opportunity Tax Credit
2 Comments
Click Here to Find Your Tax Credits

Free WOTC Eligibility Analysis

 

  • Privacy Policy
  • WOTC Planet Blog
  • Society for Human Resource Management SHRM
  • National Restaurant Association
  • California Hotel & Lodging Association
  • California Lodging Industry Association

Hromiko & Associates, LLC BBB Business Review

Contact us

T (800) 655-5281
Email: inquire@wotcplanet.com

WOTC Planet
PO BOX 41159
Sacramento CA 95841

Open in Google Maps

  • GET SOCIAL
WOTC Planet

Copyright © 2019 | Hromiko & Associates, LLC. The WOTC Planet logo is a service mark of Hromiko & Associates, LLC

TOP