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WOTC Tax Credits Survive Tax Reform!

On December 20, 2017, Congress passed the Tax Cuts and Jobs Act {see Business Tax Reform, Section E (4) page 287} which President Trump signed into law on Dec. 22, 2017, confirming that “WOTC remains active and will continue to stay”.

This is excellent news for companies nationwide, especially those with a substantial amount of new hires.  It helps offset the large costs associated with hiring new employees, while enabling job seekers to achieve gainful employment.

We applaud the US Senate for enabling companies to continue to benefit from this vital program, while reducing the unemployment rate nationwide.

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