2017 Tax Reform UPDATE: WOTC Continues Through 2019

2017 Tax Reform UPDATE: WOTC Continues Through 2019

The conference committee negotiating changes to the House and Senate tax reform bills has agreed to legislative language that, among other things, preserves the Work Opportunity Tax Credit (WOTC) until at least December 31, 2019. The Senate has already passed the bill, with the House following suit today. Barring some last-minute issues, it is expected to be signed into law by the president sometime before Christmas.

The WOTC program incentivizes employers to hire individuals who face significant barriers to employment, thereby facilitating access to good jobs for American workers while helping businesses reinvest in themselves and their communities.

HIREtech will continue to provide industry leading technology and consulting to help our clients capture the maximum value from WOTC and other available tax credit programs.