Tax Credits Blog


The WOTC program ended 12/31/13 but, as has happened in the past, is expected to be renewed.  Congress is addressing the program as we speak and our best hope is that it becomes part of the permanent tax code, a proposal included in the President’s budget.  States have asked us to proceed as “business as usual” meaning we’re supposed to continue sending our client’s applications in within the 28 day rule.  Other indicators that this program will be authorized is that states are continuing to buy online services with Alabama the most recent state to go online.  Other indicators are that large employers like Wal-Mart and Home Depot and the like would take a serious profit and cash flow hit if suddenly they didn’t get their millions of dollars of tax credits and we know how powerful their lobby is.