Good news came smiling out of Washington, D.C. this week for the Work Opportunity Tax Credit (WOTC) program and a number of other tax extenders. Some of you have contacted me with leads and insights, for which I thank you all.
On Wednesday, Senator Max Baucus, Chairman of the Senate Finance Committee (a Democrat) and Senator Orin Hatch, the Committee’s top ranking Republican announced that a bipartisan agreement had been reached for the nervously-awaited tax extenders bill. (more…)
The U.S. Senate voted today to pass a Democrat version of the 2012 tax cut bill. The House of Representatives introduced its own Republican version yesterday and will vote on it next week. While neither proposal addresses WOTC or the majority of other tax extenders, no one expects either version to become law. And so the tug of war continues. (more…)
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…)
John Sandusky of Tax Incentive Group, LLC just brought this to my attention.
Congressman Pat Tiberi (R-OH), Chairman of the Subcommittee on Select Revenue Measures has announced a new hearing to consider HOW Congress should evaluate individual tax extender programs. Surprise! The hearing is today at 9:30 AM. (more…)
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…)
Congressman Aaron Schock (R-IL) a primary sponsor of HR 2082, the Work Opportunity Credit Improvement Act offered the following during his testimony on Thursday before the House’s Subcommittee on Select Revenue. If you would like to listen for yourself, Congressman’s Schock’s testimony begins at time stamp 1:08:58. These specific comments begin about two minutes later at timestamp 1:11:06. (more…)
This morning’s Congressional hearing on the tax extenders is getting minimal mention this afternoon in the general media. The consensus from all quarters, however, seems to be that it was a successful step toward extending many of the expired tax provisions. (more…)
The following advisement was provided by Paul Suplizio, President of the WOTC Coalition on Monday of this week. It is published here with permission.
Renewed lobbying efforts will begin on April 16th.
This post is full of good information and insider advice to help you with your lobbying efforts. Paul also outlines lobbying priorities for each state. Find out what is going on in your state. (more…)
Yesterday, the U. S. Senate voted down an amendment to the Surface Transportation bill that would have renewed many of the now expired tax extenders.
Although I haven’t seen this important detail in other news coverage, Paul Suplizio informs us today that the amendment would have renewed the Work Opportunity Tax Credit (WOTC) retroactively through the end of 2012. Paul Suplizio is the President of the WOTC Coalition. (more…)