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…)
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…)
It is quite sad. Just 2 days before the Senate Finance Committee completed its markup of the Family and Business Tax Cut Certainty Act of 2012, the Department of Labor issued Training and Guidance Letter (TEGL) 04-2012.
TEGL 04-2012 introduces the Department’s updated Form ETA 9061, which is the Individual Characteristics Form included in the WOTC program’s employee-application for certification. (more…)
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…)