On Wednesday, the New York State Senate passed the 2012 NEW JOBS-NY Job Creation Plan, which must now go before the state Assembly for consideration. Among many other provisions, this plan would provide the following new hiring-based incentives. (more…)
Tag: Unemployed Veteran
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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…)
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House Resolution 5845 was introduced by Congressman Ted Poe of Texas and referred to the House Ways and Means Committee last Friday (on May 18th). As of this afternoon, the actual text of the bill is not yet available. The title, however, is listed as
H.R.5845 – To amend the Internal Revenue Code of 1986 to extend the work opportunity tax credit for veterans and to allow an exemption from an employer’s employment taxes in an amount equivalent to the value of such credit.
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An article posted this afternoon on the CBS New’s Political Hotsheet confirmed again what most have expected: We should not anticipate cooperation in Congress on major tax questions before the November elections. (more…)
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In January, I mentioned that Minnesota’s Democrat Governor Mark Dayton was proposing state jobs tax credits to reward employers who hire veterans, unemployed workers, and recent graduates. During the intervening months, this ongoing story hit the news a surprising number of times . . . almost always in the context of budgeting disagreements between state Democrats and the Republican controlled Minnesota legislature. (more…)
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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…)
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“Temporary tax provisions that are worthy should be made permanent.” So says, Congressman Pat Tiberi (R-OH), Chairman of the Subcommittee on Select Revenue in his opening remarks to last week’s subcommittee hearing on tax extenders. (more…)
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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…)
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This is a follow up to my earlier post, including a second correspondence this afternoon from the WOTC Coalition.
If you will, here is specifically what we each need to do. (more…)PUBLISHED IN
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