Work Opportunity Tax Credits In The News

Keep up-to-date with the latest news on Work Opportunity Tax Credits (WOTC) with our news blog. CMS monitors all the legislative news and updates in the media to keep you informed. Here are some of the latest WOTC news updates from around the web over this past month: Incentivizing poor and low-income persons to work[…]

WOTC Webinar, September 27th

CMS would like to invite you to join our resident Human Resources and Tax Credit Expert,  Brian Kelly, to learn about the Work Opportunity Tax Credits. Brian will review the following, and answer any questions you may have about this extremely valuable tax credit. What’s new with the Work Opportunity Tax Credit?  What are the[…]

Work Opportunity Tax Credits In The News

Keep up-to-date with the latest news on Work Opportunity Tax Credits (WOTC) with our blog. We monitor all the legislative news and updates to keep you informed. Here are some of the latest WOTC news updates from around the web this month: The Family and Business Tax Cut Certainty Act of 2012The Senate Finance Committee[…]

Illinois Leaders Applaud Enterprise Zone Extension

Business leaders in the Illinois Valley area hailed the passage of a bill that extends the life of enterprise zones by an additional 25 years. Tuesday, Gov. Pat Quinn signed a new law extending the Illinois Enterprise Zone program. Public Act 97-905 should create greater long-term stability for businesses and attract more investment in Illinois[…]

The Family and Business Tax Cut Certainty Act of 2012

The Senate Finance Committee has approved “The Family and Business Tax Cut Certainty Act of 2012.”  The committee approved the package of more than $205 billion in tax cut extensions for families and businesses by a bipartisan vote of 19-5.  This act includes an extension of the Work Opportunity Tax Credit, as well as the[…]

New California Enterprise Zones

The state of California has approved a new enterprise zone that consists of a partnership between the county and city of Los Angeles and the city of Huntington Park that will bring a number of benefits to the communities of Florence-Firestone, the eastern section of Watts, Willowbrook, Wilmington, Walnut Park, Rancho Dominguez, West Rancho Dominquez,[…]

WOTC Target Groups: Designated Community Resident

Target Group Name Designated Community Resident Target Group Definition An 18-39 year-old who is a resident of one of the federally designated Renewal Communities (RC), Empowerment Zones (EZ), Enterprise Communities (EC) or Rural Renewal Counties (RRC). (There are three designated areas in PA: parts of Philadelphia and all of Venango and Warren Counties). For verification[…]