WORK OPPORTUNITY TAX CREDIT COALITION

Labor Issues/Antitrust/Workplace

Permanent Work Opportunity Tax Credit (WOTC), empowerment zone employment credit, Indian employment credit, disaster relief employment credit, and employee retention credit as allowed for COVID-19, and repeal base erosion and anti-abuse tax pertaining to the aforementioned credits. Improve WOTC by making private non-profit employers eligible for the credit, and adding new target groups for designated members of armed forces reserve components, spouses of armed forces active and reserve components, recipients of cash SSDI, transitioning foster youth, and elderly food stamp recipients. Allow employers to claim WOTC against Federal payroll tax when they have excess credits to claim WOTC against income tax.

TargetedSENATE · HOUSE OF REPRESENTATIVES

Taxation/Internal Revenue Code

Permanent work opportunity tax credit (WOTC), empowerment zone employment credit, disaster relief credit, Indian employment credit, and employee retention credit as allowed during COVID-19, and repeal base erosion and anti-abuse tax applicable to these credits. In addition, include recommended enhancements to WOTC described on Labor Issues page.

TargetedSENATE · HOUSE OF REPRESENTATIVES

Veterans

Permanent extension of VOW To Hire Heroes Act veterans employment credits and enact new work opportunity tax credit (WOTC) target groups for members of armed forces reserve components and spouses of military service members, including Coast Guard.