One-Year Extension of Work Opportunity Tax Credit Is Only a Start

The
end-of-year spending and tax extension package signed into law on Dec. 20 extended the
Work Opportunity Tax Credit (WOTC) through the end of 2020. If the credit had been allowed to expire at the end of 2019, employers would have lost an incentive to hire

disadvantaged employees. But passing legislation to make the WOTC permanent is still needed, supporters of the credit say.Enacted in 1996 and extended multiple times, the WOTC is a federal tax credit available to emplo

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