WOTC Re-authorized Through 2020

by | 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...

WOTC and Hiatuses in 2019

by | 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...

Work Opportunity: A Path Towards Permanency2

by | 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...

Introducing the Tax Credit Chronicle

by | 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...

BEHIND THE SCENES AT MCM: How WOTC was renewed through 2019, what it means and how McKenzie Chase played an important role

by | Jan 1, 2018 | Employer Cost Management System, Ex-Offender Tax Credtis, Family Assistance Tax Credits, Food Stamp Tax Credits, Frequently Asked Questions, Government News, Military Tax Credits, Save Something on Taxes, Veteran Tax Credits, Vocational Rehabilitation Tax Credits, Work Opportuntity Tax Credit

Companies benefiting from WOTC savings have always been frustrated by the inability of Congress to pass WOTC for more than a year or two at a time, usually well after its official sunset.  Although WOTC has now been around for more than 20 years since the first...