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WOTC and Tax Extenders are In! – Deal Not Yet Final

by Vaughn Hromiko / Monday, 31 December 2012 / Published in Work Opportunity Tax Credit

Within the past hour, news is hitting the wires of a fiscal cliff deal in sight.  ABC News.  CNN.
We have it from Paul Suplizio of the WOTC Coalition that tax extenders, including WOTC, have made it into the deal retroactive through 2013.
The following is published here with permission.
*******
From: Paul Suplizio
Sent: Monday, December 31, 2012 11:59 AM
Subject: Tentative Deal Extends WOTC and Tax Extenders To End of 2013
December 31, 2012
2: 30 PM EDT
A fiscal cliff deal is all but sealed, but negotiations are continuing so nothing is certain till we see the final bill.
The energy extenders were used by Republicans as a bargaining chip to try to get concessions from the White House, but in the end all extenders are continued retroactively to the end of 2013 as the tentative deal now stands.
The President mentioned the tuition tax credit and clean energy tax credits as being part of the deal in remarks this afternoon.
We will keep you informed.
PAUL E. SUPLIZIO
President, WOTC Coalition

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Tagged under: Fiscal Cliff, Paul Suplizio, Tax Extenders, Work Opportunity Tax Credit, WOTC, WOTC Coalition

About Vaughn Hromiko

Vaughn scours the news (with the help of daily Google alerts), finding interesting things for people who need to know about WOTC and other hiring tax credits. For 19 years, he’s been a Partner and the Director of Client Services at WOTC Planet.
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