The atmosphere in Washington DC can change in a heartbeat.
On the way into my office this afternoon, I listened to a lively talk-radio discussion of today’s Republican counteroffer to the president’s tax and spending proposals. Upon arriving, I found an e-mail summary of the situation sent by Paul Suplizio, President of the WOTC Coalition. (more…)
Tag: Student Loan Repayment Act Of 2016
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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…)PUBLISHED IN
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John Sandusky, a Partner at Tax Incentive Group, LLC forwarded this response from Republican Senator Pat Toomey of Pennsylvania. (more…)
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An news article posted yesterday on WNCT 9 On Your Side outlines the positions of Democratic and Republican contenders for the North Carolina governorship.
Republican contender, businessman Pat McCrory is focused on overall tax reform — a “modernization” of North Carolina’s tax system to attract industry and create jobs.
Lt Governor Walter Dalton (Dem), on the other hand, is proposing a new tax credit. (more…)PUBLISHED IN
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As of last night, there was an open standoff in the Senate over the Senate’s proposed tax extenders bill and the Republicans’ need to extend the Bush-era tax cuts. Democrat and Republican leaders agreed, however, to continue negotiating. (more…)
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We’ve been watching developments closely, and today we finally have something concrete although not what we’ve been hoping. While the possibility still remains for a Senate tax extenders bill before the recess, it appears that the House will not move until after the November elections.
Paul Suplizio, President of the WOTC Coalition shared the following correspondence with coalition members last night. It is published here with permission. (more…)PUBLISHED IN
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A press release published by KPBS in San Diego announced that today the State of California gave a green light to the San Diego Regional Enterprise Zone’s desire to expand into northern areas of San Diego. (more…)
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Yesterday, Paul Suplizio, President of the WOTC Coalition, sent me a copy of an important letter being organized by freshman Republican members of Congress. The letter is addressed to Dave Camp, Chairman of the House Ways and Means Committee and to Patrick J. Tiberi, Chairman of Ways and Means Select Revenue Measures Subcommittee. (more…)
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This is a request for reader feedback on an issue related to the HIRE Act worker retention tax credit that many employers are claiming with their 2011 federal income tax returns.
Question: Has anyone filed IRS Form 8886 “Reportable Transaction Disclosure Statement” (or had any related experience) in connection with service fees for the HIRE Act new hire retention tax credit program? (more…)PUBLISHED IN