2014 WOTC Tax Credits Still Available
The WOTC program experienced some unique challenges in 2014 stemming from the late December renewal. Although the renewal was retroactive, it created a hardship for employers seeking to take advantage of these lucrative tax credits. The IRS recently announced Notice 2015-13, which will provide some much needed relief for employers seeking WOTC credits from 2014.…
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Long Term Unemployed Could Become A Part of WOTC
There are two proposed modifications to WOTC that could be invaluable for employers across the country. The first proposal is to add Long Term Unemployed as a target group, and the second is to make WOTC a permanent establishment rather than requiring annual renewal. Senior NJ Democrat Bill Pascrell and NY Republican Tom Reed have…
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