WOTC Customer Newsletter July 2019
The latest news on the Work Opportunity Tax Credit (WOTC) from Cost Management Services. Sign Up for the Work Opportunity Tax Credit (WOTC) Newsletter Related: WOTC Newsletter Archive
WOTC News
The VOW to Hire Heroes Extension Act of 2019
Could employers receive a permanent tax credit for hiring Veterans? Rep. Julia Brownley, D-Calif. recently reintroduced the VOW to Hire Heroes Extension Act of 2019, which would permanently extend the work opportunity tax credit (WOTC) for companies that hire veterans and allow qualified tax-exempt organizations to receive a credit against payroll taxes for hiring a[…]
Work Opportunity Tax Credit In The News
Keep up-to-date with the Work Opportunity Tax Credit with these recent news articles about WOTC: Tax Credit to Hire Current, Former Foster Youth Reintroduced (Read @ The Chronicle of Social Change) The congressional effort to provide tax incentives for hiring current and former foster youths has resurfaced, with bills that could be introduced in both[…]
Work Opportunity Tax Credit In The News
Keep up-to-date with the Work Opportunity Tax Credit with these recent news articles about WOTC: Sen. Rosen introduces bill to promote hiring student veterans (Read @ The Las Vegas Review-Journal) A bipartisan bill to provide incentives for businesses to hire military veterans attending institutions of higher education was filed by Sen. Jacky Rosen, D-Nev. The[…]
CMS’s Brian Kelly Calls on Senators to Make WOTC Permanent in Letter
In a letter to Connecticut Senator, Richard Blumenthal, CMS’s Brian Kelly is calling for the Work Opportunity Tax Credit (WOTC) to be made permanent. WOTC is typically renewed every few years. However, was recently threatened by tax reform legislation. According to Politico: “The Work Opportunity Tax Credit is one of dozens of small programs on[…]
Employers Urge Extension of WOTC for Hurricane Victims
The Tire Industry Association (TIA) is lobbying Congress to apply the Work Opportunity Tax Credit (WOTC) to disaster victims of Hurricanes Harvey and Irma. The WOTC was applied to employers who hired victims of Hurricane Katrina in 2005, and it should be applied again, according to TIA. The WOTC is a federal tax credit offered[…]
Work Opportunity Tax Credits in the News
Upcoming Work Opportunity Tax Credit Webinars Learn why there has never been a better time to take advantage of the Work Opportunity Tax Credits – WOTC with our WOTC expert Brian Kelly. Learn about new legislation, what’s upcoming and how much you could potentially save using the WOTC. Call CMS toll-free at 1-800-517-9099 or select[…]