Contact Us
Subscribe to this blog via RSS
Join us on LinkedInCategories
- Compliance
- Disaster relief
- Income Tax
- Americans with Disabilities Act ("ADA")
- Main Street Lending Program
- Remote Work
- Web Content Accessibility Guidelines
- Economic Injury Disaster Loan (EIDL)
- Payroll Protection Program (PPP)
- CARES Act
- Coronavirus Aid, Relief and Economic Security Act
- COVID-19
- Small Business Administration (SBA)
- Liability Waivers
- Miller, as Next Friend of her Minor Child, E.M. v. House of Boom Kentucky, LLC
- Intangible Assets
- Tax consequences
- Taxation
- Community Banks
- Dodd-Frank Act
- SEC Crowdfunding Rules
- Corporate
- Diversity
- Judgment creditors
- Consumer Debts
- Employment Law
- Entrepreneur
- ERISA
- Lenders
- Litigation
- Municipal Liability
- Small Business
- Business Entities
- Equity Development
- Investment
- Mergers and Acquisitions
- Sales and Dissolutions
- Business Formation and Planning
- Closely Held Businesses
- Corporate and Business Tax
- Uncategorized
Showing 1 post tagged Work Opportunity Tax Credit.
IRS Guidance on the Work Opportunity Tax Credit Extension for 2014
Posted In Corporate and Business Tax
As part of the Tax Increase Prevention Act of 2014 ("the Act") that Congress passed at the end of last year, the Work Opportunity Tax Credit ("WOTC") was re-extended for the 2014 tax year. The WOTC provides a tax credit to employers that hire members of certain targeted groups. The WOTC requires that employers obtain certification from Designated Local Agencies ("DLAs") within 28 days of the hiring of the specified individual or prescreen the applicants. Because the WOTC was not actually in effect until the end of 2014, its provisions apply retroactively, and employers now need further time to receive the proper certifications necessary for the credit. More >
