December 29, 2020 WOTC Extended For 5 Years! Great News for Employers!
The Omnibus Spending Bill has now been signed into law finalizing a five-year extension of the Work Opportunity Tax Credit (WOTC) program. The new expiration date for the program is December 31, 2025.
The bill also extended the Federal Empowerment Zone program (FEZ) for 5 years, and the Indian Employment Credit (IEC), and Disaster Relief Tax Credits for one year.
We will be in touch regarding impacts of these newly extended programs, and we look forward to continuing to partner with you in the coming years to fully maximize your company’s tax credits.
We are now offering our clients a FREE 5 YEAR WOTC FORECAST to help you track your business growth and potential profits. Schedule Here with Patrick Cooney, a WOTC.com specialist today.
Thank you, and Happy New Year from the tax credit experts at WOTC.com!