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Category Archives: WOTC

Permanent WOTC Proposed in House

Ways and Means member, Congressman Tom Reed (R-NY) and Congressman Charlie Rangel (D-NY) have introduced H.R. 2754 to permanently extend WOTC. Apparently this bill was introduced with the blessing of Chairman Ryan and is going to be part of the House Republican strategy of proposing the permanent extension of a number of important components of […]

IRS Authorizes Retroactive WOTC Transition Relief

In March of 2013, because of Congress’ retroactive authorization of the WOTC program, the IRS allowed a brief period of “transition relief” to allow taxpayers to file WOTC applications for employees hired in 2012 retroactively. Normally, the WOTC program requires that applications be submitted within 28-days of an employee’s start date. There has been speculation […]

President’s Fiscal Year 2016 Budget Calls for Permanent, Expanded WOTC

The Department of the Treasury’s document, “General Explanations of the Administration’s Fiscal Year 2016 Revenue Proposals,” on pages 51-53, explains the President’s budget proposal regarding WOTC and the Indian Employment Credit: Reasons for Change The Indian employment credit and the WOTC have been extended numerous times, but extension has often been retroactive or near the […]

WOTC Amendment to the Hire More Heroes Act

The Senate Finance Committee will consider today H.R. 22, the Hire More Heroes Act. H.R. 22 was passed by the House to exempt veterans from being taken into account for purposes of determining the employers to which the employer mandate applies under the Patient Protection and Affordable Care Act. In the Senate Finance Committee Senators […]

Reps Pascrell and Reed Reintroduce Bill to Add Long-Term Unemployed Category to WOTC reports: U.S. Reps. Bill Pascrell, Jr. (D-NJ) and Tom Reed (R-NY), both members of the House Ways and Means Committee, today announced the reintroduction of H.R.481, the Long-term Unemployed Hiring Incentive Act, legislation that would extend the successful Work Opportunity Tax Credit program to make companies that hire long-term unemployed individuals eligible for a […]

H.R. 145: Permanent WOTC

Representative David Jolly (R-FL) has introduced H.R. 145 to make WOTC permanent. We don’t have any expectation that this bill will go anywhere, but it is positive to see legislators focus on the program.

DOL Authorizing States to Issue WOTC Certificates for 2014 Applications

While Congress passed, and the President signed, the extension to expired tax provisions several weeks ago, states do not typically start start issuing WOTC certificates that were submitted during a hiatus until they hear from the Department of Labor. The DOL, in turn, does not issue final guidance until they hear from the IRS. Nevertheless, […]

NASBO Touts Savings to States from WOTC

The National Association of State Budget Officers (NASBO) is highlighting a new study from an economist with the Wharton School of business showing that states collectively save $1.7 billion a year because of WOTC: At the end of 2013, more than 50 temporary tax breaks expired and have yet to be renewed. Among them is […]

H.R. 5284: Another Permanent WOTC Proposal

Congressman David Jolly (R-FL) has introduced H.R. 5284 which would extend WOTC permanently. His bill, however, adds a new proposal where, for employers who hire qualified veterans, and train those veterans in “qualified computer services,” the credit with respect to those employees could be transferred to another taxpayer. Don’t expect this bill to become law, […]

Congressman Schock Introduces Bill to Permanently Extend WOTC

Congressman Aaron Schock (R-IL) has introduced H.R. 5264 which will permanently extend WOTC.


Politico’s “Morning Tax” column included the following item about WOTC on Wednesday: TIGTA: IRS LAX IN OVERSIGHT OF WOTC. The IRS doesn’t have the proper processes in place to verify eligibility for the Work Opportunity Tax Credit and claims are riddled with errors, the Treasury Inspector General for Tax Administration found in a report released […]

Senators Portman, Cardin and Warner Propose WOTC Expansion in Finance Committee

Finance Committee members Senators Portman (R-OH), Cardin (D-MD) and Warner (R-VA) have submitted an amendment to the Chairman’s Mark on tax extenders to create a new target category in WOTC for the long-term unemployed. The amendment states: This amendment would add the long-term unemployed to the list of eligible populations. An employer hiring someone who […]

New Senate Finance Chairman Wyden Prioritizing Extenders

Senator Ron Wyden (D-OR) is expected to officially become the chairman of the Senate Finance Committee on Thursday. A number of sources are reporting that he will prioritize a speedy passage of the expired tax extenders. Forbes: But in an acknowledgement of the challenges of tax reform, Wyden said he wants to quickly extend dozens […]

New WOTC Expansion Proposal

California Congressman Alan Lowenthal (D), has introduced new legislation to expand WOTC for small businesses who hire unemployed individuals: If enacted, small businesses with 10-25 full-time employees would be able to qualify for a $4,000 per employee tax credit for up to two years under the Work Opportunity Tax Credit (WOTC). To qualify, the employees […]

Senator Wants to Make (at least part of) WOTC Permanent

From Sen. Kay Hagan (D-N.C.) announced plans to introduce legislation making tax credits for hiring veterans permanent. Hagan said the Work Opportunity Tax Credit for Returning Heroes and Wounded Warriors is set to expire at the end of the year, which is why she wants to make the more than $5,000 employer tax credits […]

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