(888)236-7339

Tax Credits Blog

WOTC Needs your Help!

We must act now to insure the WOTC program does not go on hiatus again! The WOTC tax credit law is set to expire on Dec. 31 2013 unless Congress acts to extend it. There is currently a bill before the U.S. Senate called a doc fix for Medicare that will stop a cut in doctor’s payments from happening. We are trying to get a temporary extension for WOTC amended on to this doc fix bill, which has been identified as the last chance this year to extend the WOTC program as it is the last item the Senate will take up this year. Next year is an election year, and tax legislation will be difficult if not impossible to pass. In that case, it will have to wait until 2015 to be extended.

Please help us in this measure to ensure you can earn the WOTC tax credit in 2014. According to Paul Suplizio of The WOTC Coalition, here are 2 actions you can take to help:

Action Number 1:
Immediately contact your Democratic and Republican senators by e-mail, fax, and telephone with this message:

“WOTC will expire on December 31st with the loss of a million jobs for veterans, people with disabilities, food stamp recipients and others, and there’s little chance it will be renewed before the next Congress. Please ensure the nation’s commitment to these jobs for those with the highest unemployment rates is upheld by speaking out at your Party meeting when the Senate returns, and insist that a one-year extension of WOTC should have the highest priority for inclusion in the “doc fix” bill the Senate will pass before adjournment. Ask your Leader to work to include a WOTC extension in an amendment when the doc fix bill comes to the Senate floor. A WOTC extension will not increase the Federal deficit—it will have the same impact on revenues next year as this year.”

Action Number 2:
If your senator is a member of the Senate Finance Committee, fax him or her a letter on your company’s letterhead, and then follow up a phone call to their tax legislative assistant, with this message:

“When the Senate Finance Committee meets to mark up the Medicare doctors payments bill on December 12th, please support an amendment to include a one-year extension of WOTC in the bill; otherwise, one million jobs for veterans, people with disabilities, food stamp recipients and others will expire with the likelihood they will not be renewed till the next Congress. Please uphold the nation’s commitment to those experiencing the highest unemployment rates in the jobs market by ensuring the Finance Committee acts to include a WOTC extension in the “doc fix” bill the Senate will pass before adjournment. A WOTC extension will not increase the Federal deficit—it will have the same impact on revenues next year as this year.”

To find out if your Senators are members of the Senate Finance Committee, click here: http://www.finance.senate.gov/about/membership/

Please be aware the WOTC Coalition has been working for an amendment in the Finance Committee for a one-year WOTC extension since last week. They are in touch with Senate Finance Committee Chairman Senator Max Baucus’ people and other members of the Finance Committee who might offer the amendment. Veterans organizations, and organizations serving people with disabilities have been mobilized to weigh in. We will keep you informed and may be calling on you again—this is the last best opportunity before 2015 and we hope you’ll pitch in to get the job done.

Thank you very much for your help!

.