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Alabama Heroes for Hire Act Signed by Governor

Thursday, 05 April 2012 by Vaughn Hromiko

Heroes_for_HireAlabama Governor Robert Bentley signed the state’s Heroes for Hire Act yesterday.   Read the press release from the Governor’s website, copied below.
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MONTGOMERY – Governor Robert Bentley on Wednesday signed into law the Heroes for Hire Act, which will help veterans returning from deployment find new jobs or start new businesses. (more…)

AlabamaAlabama Heroes for Hire ActGovernor Robert BentleyUnemployed VetaranVeterans
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  • Published in Alabama
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DOL (Also) Issues New WOTC Instructions for Vow to Hire Heroes Act

Monday, 12 December 2011 by Vaughn Hromiko

The following instructions are copied directly from the document recently published by the US Department of Labor.
Vow to Hire Heroes Act – Work Opportunity Tax Credit Provisions: Interim Instructions for State Workforce Agencies and Employers
On November 21, 2011, the President signed into law the “Vow to Hire Heroes Act”, which amends and expands the definition of Veteran target groups for the Work Opportunity Tax Credit (WOTC). These provisions became effective the day after the President signed the Act into law (November 22, 2011). (more…)

Department of LaborUnemployed VetaranUnemployed VeteransVeteransVOW to Hire Heroes Act of 2011Work Opportunity Tax CreditWOTC
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  • Published in Veterans, Work Opportunity Tax Credit
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Vow to Hire Heroes Act: DOL Publishes Summary of New WOTC Provisions

Monday, 12 December 2011 by Vaughn Hromiko

Thank you to Rik Moore of the National Telecommuting Institute, Inc. for bringing this to my attention early last week.
The US Department of Labor has offered new guidance bringing into focus the WOTC provisions of the recently passed Vow to Hire Heroes Act of 2011.   A summary of WOTC-related provisions from the act has been published on the Department of Labor’s website.  The following is copied directly from that document.  Please download the entire document in order to see footnotes and introductory content not included here. (more…)

Department of LaborTax CreditsUnemployed VetaranUnemployed WorkersVOW to Hire Heroes Act of 2011Work Opportunity Tax CreditWOTC
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  • Published in Veterans, Work Opportunity Tax Credit
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WOTC Legislation to Go Before Senate This Week – Expected To Pass

Sunday, 06 November 2011 by Vaughn Hromiko

As Democrats continue their efforts to shepherd portions of President Obama’s jobs bill piecemeal through the Senate, leading Democrats have expressed optimism that the President’s expanded hire-a-veteran tax credits will receive bipartisan support later this week. (more…)

Debbie StabenowJon TesterPatty MurrayTax CreditsUnemployed VetaranVOW to Hire Heroes Act of 2011Work Opportunity Tax CreditWOTC
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  • Published in Veterans, Work Opportunity Tax Credit
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Renew Unemployed Vet WOTC Group and Create Iraq and Afghanistan Vet Tax Credit

Tuesday, 08 February 2011 by Vaughn Hromiko

Democrat Congressman Peter Welch (Vermont) announced legislation on Monday that would renew the Unemployed Veteran WOTC target group, which expired on December 31, 2010. The Veterans Employment Tax Credit Act would provide a $2,400 tax credit when businesses hire a veteran released within the past 5 years who has received unemployment benefits for at least 4 weeks during the 12 months prior to hire. (more…)

Peter KingPeter WelchTax CreditsUnemployed VetaranVET Credit ActVeterans Employment Tax Credit ActWork Opportunity Tax CreditWOTCWOTC Targeted Groups
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  • Published in Federal Legislation
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U.S. Senate Passes Tax Bill – Eyes Turn to House to Please Add Back Missing Tax Incentives!

Wednesday, 15 December 2010 by Vaughn Hromiko

The Senate today passed the much anticipated tax bill without renewing the HIRE Act Payroll Tax Exemption, federal Renewal Communities, or the WOTC provisions for disconnected youth, unemployed veterans, or Gulf Opportunity Zone employers.  This is a disappointment, but not unexpected. 
Now that HR 4853 has been passed to the U.S. House of Representatives, eyes turn to susceptible House members seeking an amendment to add these provisions.  If these incentives are important to you, please consider contacting House Members from your jurisdictions and urge them to support including these 5 provisions with any amendments to the tax bill.  Make a special effort to contact Ways and Means Chairman Sander Levin.
Paul Suplizio, President of the WOTC Coalition, pointed out today that these 5 programs are “current-law job creation incentives” — so we are not urging the creation of any new program.  In summary, what we seek:

  1. Extension of the HIRE tax credits
  2. Extension of the Renewal Community program
  3. Extension of WOTC for disconnected youth
  4. Extension of WOTC for unemployed Iraq-Afghanistan era veterans
  5. Extension of WOTC for Gulf Opportunity Zone employers

On the bright side, the bill passed by the Senate does include reauthorization of:

  • The WOTC Program through 2011
  • The Research and Development Tax Credit
  • The Indian Employment Credit
  • The Empowerment Zone Program
  • The District of Columbia Enterprise Zone

See my previous post on this.

Charles RangelDisconnected YouthHIRE ActHiring Incentives to Restore Employment ActPayroll Tax ExemptionSander LevinTax CreditsU.S. House of RepresentativesU.S. SenateUnemployed VetaranWork Opportunity Tax CreditWOTCWOTC Coalition
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  • Published in Federal Legislation
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Asking the US House to Include Key Tax Incentives in House Amendment

Monday, 13 December 2010 by Vaughn Hromiko

As noted in my most recent post, some key employment incentives were left out of the Senate version of the tax bill being discussed in Washington D.C.  I received a correspondence today from Paul Suplizio, President of the WOTC Coalition, detailing current efforts to include the missing programs in the House version of the bill. (more…)

Charles RangelDisconnected YouthHIRE ActHiring Incentives to Restore Employment ActMax BaucusPayroll Tax ExemptionSander LevinTax CreditsU.S. House of RepresentativesU.S. SenateUnemployed VetaranWork Opportunity Tax CreditWOTCWOTC Coalition
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  • Published in Federal Legislation
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Gillibrand Announces New Push To Make Tax Cut Permanent For Businesses That Hire Veterans

Wednesday, 18 August 2010 by Vaughn Hromiko

 U.S. Sen. Kirsten Gillibrand of New York has announced renewed efforts to make WOTC benefits permanent for businesses that hire military veterans.   Read the press release by clicking here. (more…)

JobsJobs CreationTax CreditsUnemployed VetaranUnemployed WorkersWork Opportunity Tax CreditWOTC
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  • Published in Veterans, Work Opportunity Tax Credit
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U.S. Legislators Introduce Simplified Tax Credit Bill for Hiring Veterans

Monday, 24 May 2010 by Vaughn Hromiko

U.S. Senator max Baucus (D-Montana), introduced a bill today to provide a federal tax credit to employers that hire U.S. military veterans, including those who were activated by their states as National Guard members.  Similar to the WOTC, the bill simplifies (apparently by replacement) some of the WOTC’s veteran provisions.  Congressman Tim Walz (DFL-Minnesota) introduced an identical bill in the U.S. House of Representatives. (more…)

National GuardTax CreditsUnemployed VetaranWOTC
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  • Published in Veterans
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Final Guidance about Disconnected Youth and Unemployed Veteran WOTC Groups

Tuesday, 23 March 2010 by Vaughn Hromiko

I have wanted to write about this for a couple of weeks now, but as you know if you follow the news, there has been a lot going on.
On March 5, 2010 the U.S. Department of Labor’s Employment and Training Administration issued Training and Employment Guidance Letter NO. 3-09 Change 2.  (I’m not complaining, but even the names of these documents are complicated.) (more…)

August 2009Disconnected YouthIRS 8850JobsTax CreditsTEGL 3-09Training and Employment Guidance Letter 3-09Unemployed VetaranWork Opportunity Tax CreditWOTCYouth Attestation Form
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  • Published in Disconnected Youth, Veterans, Work Opportunity Tax Credit
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