Category Archives: Federal Tax Credits
Mayors Calling For Tax Credits
The United States Conference of Mayors (led by Conference President Los Angeles Mayor Antonio Villaraigosa) has issued a new policy document called “A Common-Sense Jobs Agenda.” Among their recommendations are a new HIRE Act style credit for employers adding new jobs, and the expansion of the Work Opportunity Tax Credit as recommended recently by President [...]
A New HIRE Act?
That is what Rhode Island Senator Sheldon Whitehouse thinks is needed to spur job growth. Here’s a press release from the Senator: Providence, RI – After hearing from small business owners about how we can get our economy moving, U.S. Senator Sheldon Whitehouse last week introduced the Job Creation Tax Credit Act (S. 1271) to [...]
Tax Credits in President Obama’s FY 2012 Budget
President Obama’s proposed budget for Fiscal Year 2012 has a number of interesting tax credit proposals. Research and Development Credit On page 37 of the President’s Budget Message (216 page PDF), there is a proposal to extend and expand the Research and Experimentation tax credit: Simplify, Expand, and Make Permanent the Research and Experimentation (R&E) [...]
