Work Opportunity Tax Credit’s Mega Extension
Happy New Year, 2016 – On December 18, 2015, President Obama signed the Omnibus Spending Bill H.R. 2029 and the PATH Act (Protecting Americans from Tax Hikes Act of 2015) into law. The new legislation provides an unprecedented five-year extension to the Work Opportunity Tax Credit (WOTC) program through 2019, and reauthorizes Empowerment Zones through 2016. In[…]