Significant Increase to the Work Opportunity Tax Credit Proposed

Significant Increase to the Work Opportunity Tax Credit Proposed

The Journal of Accountancy recently reported that the Work Opportunity Tax Credit could receive a significant expansion via the the budget reconciliation bill known as the “Build America Back Better” Act which is currently in the Ways and Means Committee. The act proposes an adjustment to the Work Opportunity Tax Credit during the “Covid-19 Recovery[…]