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Senate Finance Committee Reaches Deal on Tax Extenders Including WOTC and R&D Tax Credits

Senators Max Baucus and Orin Hatch, the ranking members of the Senate Finance Committee, have reached a deal to extend a collection of tax breaks that all expired at the end of 2011. This is the most significant progress toward extending those provisions since they expired last year. Included in the tax extender package are the WOTC and R&D tax credits.

Here are some links to articles about the deal:

Politico: “Max Baucus, Orrin Hatch strike deal on business tax package”

Reuters: “Senators reach tentative deal on U.S. business tax breaks”

Senate Finance Committee Press Release

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