Friday, March 28, 2014

The latest news from the WOTC Coalition

Yesterday, Finance Committee Chairman Senator Ron Wyden said his committee would hold a markup of a tax extenders bill the week of March 31st, date to be announced. Senator Wyden told Committee members in a memo that he’s determined this would be the last temporary extension:

“I’m determined that this is the last time we do extenders and would like to leverage this last extension to reform the broken tax code.”

Thus the chairman of both tax-writing committees, Senator Wyden and Congressman Camp, are moving in the same direction, for an up or down vote on each extender to be included in a reformed tax code.

We will keep you informed on any further developments as we know them, and if you have immediate questions please contact us at info@wotcsolutions.com.

Monday, March 10, 2014

2014

Law Update
The WOTC law is once again in temporary hiatus as of January 1, 2014. WOTC Solutions continues to lobby on all of our clients’ behalf to stress the importance of timely renewal and the benefit this law provides to employers across the United States. All WOTC offices continue to process applications with a hiring date on or before December 31, 2013.


What we’re up to...
We are working diligently to achieve results on your behalf and get Certificate determinations ahead of tax liability due dates. Please take the time to go to our website and report hours worked and wages paid or get in touch with your WOTC representative by phone or email. If the employment status of any of your WOTC applicants has changed, please let us know. And don’t forget that all WOTC Certifications are valid for twenty years.


New Employees?
Don’t forget to screen all new employees in 2014 in a timely manner for eligibility. There are eight target categories of eligibility that can qualify your business for the WOTC and each employee can save your business up to $2,400.00. You have only 28 days to get your complete and correct applications to your state office and we strongly advise to continue to meet those deadlines.