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Press Release: Legislation would Increase the Amount of the Work Opportunity Tax Credit, a proven tax credit that helps disadvantaged groups find jobs. Today, Representatives Tom Suozzi (D-NY), Steven Horsford (D-NV), Don Beyer (D-VA), Brad Schneider (D-IL), and Gwen Moore (D-WI) introduced legislation that would increase the amount of the
The Taxpayer Certainty and Disaster Tax Relief Act of 2019 extends the Work Opportunity Tax Credit (WOTC) another year, through December 31, 2020. Empowerment Zone tax benefits, which expired in 2017, have been retroactively renewed for 2018, 2019, and 2020. Click HERE to read the bill. Employers take note: The
On June 20, 2019, the House Ways and Means Committee advanced Democratic legislation to extend expired and expiring tax breaks and to expand tax credits that benefit workers, families, and businesses. The committee passed by a party-line vote of 25-17 a bill to extend through 2020 a host of tax
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