Happy Holidays!

May you and yours be safe and well,

WOTC Solutions

President Signs WOTC Into Law

The latest from the WOTC Coalition President, Paul Suplizio.

"The President signed H.R. 5771, the Tax Increase Prevention Act, into law Friday, December 19. The bill extends current WOTC law, VOW To Hire Heroes Act veterans credits, Empowerment Zones, Indian Employment Tax Credit, and fifty other tax extenders retroactive to January 1, 2014.

The bill also enacts for the first time the ABLE Act authorizing tax-advantaged savings accounts for people with disabilities and their families."

We will continue to work diligently with the Coalition to see the law made permanent.

Happy Holidays!

Senate passes tax extenders

The Senate passed H.R. 5771 last night with a vote of 76-16. WOTC is retroactive to January 1, 2014 and applies to employees who commence work for the employer through December 31, 2014.

It is important to make sure that you have completed and submitted applications for any employees hired this year as soon as possible. The law is to be applied retroactively to 2014 so any applications that were received timely this year should be in the front of the line.

WOTC Solutions will do everything we can to expedite your 2014 applications! Contact us with any further questions regarding your applications.

House Votes to Renew "Tax Extenders"

The House voted overwhelmingly on Wednesday to renew more than 50 expired tax breaks, including the Work Opportunity Tax Credit, for individuals and businesses through the end of this year, with the Senate looking increasingly likely to follow suit.

Lawmakers have been under pressure to take action before the end of this year so that taxpayers can claim the breaks on their 2014 tax returns.

We are communicating with WOTC Offices across the nation to learn how best to help them expedite pending 2014 applications the moment the law is reinstated.