by Tax Credit Consultant - McKenzie Chase Management | Dec 30, 2019 | Employer Cost Management System, Ex-Offender Tax Credtis, Family Assistance Tax Credits, Food Stamp Tax Credits, Government News, Native American Tax Credits (Indian Wage Credit), RETRO-active Tax Credits, Veteran Tax Credits, Work Opportuntity Tax Credit, WOTC Target Groups
In our last blog, late December, McKenzie Chase promised to send updates regarding re-authorization. Here’s the latest news: Congratulations! The WOTC has been re-authorized by both Houses of Congress and signed into law. We hope you all had a great holiday. We...
by Tax Credit Consultant - McKenzie Chase Management | Dec 9, 2019 | Ex-Offender Tax Credtis, Family Assistance Tax Credits, Food Stamp Tax Credits, Government News, HIRE Act Payroll Tax Credits, Military Tax Credits, Veteran Tax Credits, Work Opportuntity Tax Credit
The Work Opportunity Tax Credit (WOTC) has been in effect continuously since October 1,1996. However, as with most business tax credits, WOTC has been legislatively authorized for relatively short intervals of anywhere from 12 months to 44 months. As a result, it has...
by Tax Credit Consultant - McKenzie Chase Management | Dec 9, 2019 | Food Stamp Tax Credits, Government News, RETRO-active Tax Credits, Save Something on Taxes, Veteran Tax Credits, Work Opportuntity Tax Credit, WOTC Target Groups
David Burgess, VP of Government Relations We wish you all a very happy holiday season and a great new year. We have reported all year about the progress, in Washington DC, of the re-authorization of the WOTC program. Bills were introduced into House and Senate to make...
by Tax Credit Consultant - McKenzie Chase Management | Sep 23, 2019 | Ex-Offender Tax Credtis, Family Assistance Tax Credits, Food Stamp Tax Credits, Frequently Asked Questions, Government News, Healthcare Screening, Military Tax Credits, Native American Tax Credits (Indian Wage Credit), Save Something on Taxes, Veteran Tax Credits, Vocational Rehabilitation Tax Credits, Work Opportuntity Tax Credit, WOTC Target Groups
Welcome to MCM’s Tax Credit Chronicle Issue #1 McKenzie Chase Management announces the publication of it’s first hard copy newsletter, “The Tax Credit Chronicle.” In keeping with MCM’s tradition of expert tax credit education in; live seminars...
by Tax Credit Consultant - McKenzie Chase Management | Jun 28, 2019 | Save Something on Taxes, Tax Resolution
What to Look for When Hiring a Tax Resolution Professional If you are under audit from the IRS or in receipt of a notice of additional tax due, the steps you take next could make all the difference. There is a strong temptation to ignore these communications, but...
by Tax Credit Consultant - McKenzie Chase Management | May 30, 2019 | Uncategorized
In 2017 Congress created a new tax incentive for investment into Qualified Opportunity Zones (QOZ), as part of the Tax Cuts and Jobs Act. You might be familiar with the older zone programs which were the Renewal Communities and Empowerment Zones which lapsed into...
by Tax Credit Consultant - McKenzie Chase Management | May 28, 2019 | Uncategorized
David Burgess, VP of Government Relations Momentum is building in Congress to make WOTC permanent. WOTC was created in 1996 as part of the welfare reform act to aid people making the transition from welfare to work. Since that time it has been reauthorized numerous...
by Harley Teichman | Apr 3, 2018 | Uncategorized
Are you entitled to tax credits that you are not using? Or perhaps you are not even sure whether you qualify. Some people think that tax credits are designed to benefit only major corporations, but if that’s what you’ve been told, here are 5 points about tax credits...
by Tax Credit Consultant - McKenzie Chase Management | Jan 22, 2018 | Uncategorized
David Burgess, Government Relations Beginning with the 2018 tax year, companies will enjoy enhanced WOTC benefits; the future of the Empowerment Zone and Indian Employment Credits Remains Uncertain… On December 22nd President Trump signed the Tax Cuts and...
by Tax Credit Consultant - McKenzie Chase Management | Jan 9, 2018 | Employer Cost Management System, Frequently Asked Questions, Work Opportuntity Tax Credit
About the WOTC program: The Work Opportunity Tax Credit program (WOTC) was introduced on October 1, 1996 to provide tax incentives for employers who hire individuals from specific target groups. People from these target groups have been identified by the U.S....
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