Governor’s CA Enterprise Zone Proposal Calls for Elimination Not Revision
On May 22, 2013, the California State Assembly’s Budget Subcommittee #4 held a hearing that explored Governor Jerry Brown’s latest economic tax incentive proposals as they relate to the State’s current...
View ArticleGovernor’s Proposal to Eliminate California’s Enterprise Zones Missing from...
California Governor Jerry Brown’s proposals to eliminate and replace the state’s enterprise zone program did not make it into the budget bill, which is scheduled for a vote on Friday, June 14th....
View ArticleDeath Looming but Not Yet Certain for California’s Enterprise Zone Program
The California Senate voted last night to approve Democrat Governor Jerry Brown’s legislation that will eliminate the state’s 29-year old enterprise zone program. While only 27 votes were required,...
View ArticleFarewell to an Era – California Assembly ENDS Enterprise Zone Program
It has happened! The enterprise-zone elimination bill has passed the California Assembly and now goes to Governor Jerry Brown, who will most assuredly sign it into law. As I explained in my most...
View ArticleEnd of CA EZ Program Leaves Pending Regulatory Changes Dead In Water
No new enterprise zone regulations? That is correct. Actually, this is good news, all things remaining equal. Now that California’s Enterprise Zone program is set to expire, we have been asking...
View ArticleLatest Intel from the WOTC Coalition
Last week, the WOTC Coalition’s Paul Suplizio was busy keeping us informed while taking on two peripheral challenges valuable to our effort to make WOTC permanent. In addition to issuing Mr....
View ArticlePut on Your Lobbying Shoes – Budget Negotiations Coming Soon
This year has passed too quickly. It’s already September 10th! Only yesterday it was 4th quarter 2012 and we were perplexed about how Congress would handle (or fail to handle) the many expired tax...
View ArticleLegislation Clarifying Wind-down of CA EZ Program Heads to Governor Brown for...
Max Shenker, writing for EZPolicyBlog.com, has for the past week been following new enterprise-zone legislation, CA AB 106. This bill attempts to clarify uncertainties stemming from the July...
View ArticleCoalition Pushing for WOTC in Any Budget Deal – or for a Separate Tax...
Proponents of a permanent Work Opportunity Tax Credit program are ready as the US House of Representatives sends a Continuing Resolution (CR) to the Senate this week. The CR offers temporary...
View ArticleWOTC Program Well-positioned for Upcoming Budget Talks
Although not new news, it’s important to reiterate. The Work Opportunity Tax Credit (or WOTC) has the stated support of the White House and the majority-party leadership in the U.S. Senate. In fact,...
View ArticleBudget Summit on the Horizon – Permanent WOTC on the Table
It is true that more important issues are currently before Congress. Nevertheless, our fiscal problems are leading Congress and the White House to an eventual sit-down meeting to hash out their very...
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UPDATED FAQs from CA FTB Regarding Repeal of State’s Enterprise Zone Program
California Governor Jerry Brown signed legislation in July that repealed the state’s Enterprise Zone program (and all of the state’s other Economic Development Areas (EDA) programs). Additional...
View ArticleCongress Takes First Steps Toward 2013 Tax-Extenders Bill
The National Journal reported yesterday: Legislators on Thursday unveiled a bicameral, bipartisan proposal to repeal and replace the sustainable growth rate formula, which determines Medicare payments...
View ArticleTax Extenders Have Stalled while Last Chance for WOTC Looms (Your Immediate...
It appears the opportunity for a general tax extenders bill has expired for 2013. With a contentious election year approaching, the nation will likely wait until 2015 before Congress takes up the issue...
View ArticleLast Chance for WOTC Extension This Year – Contact Your Senator Today
Efforts to date have failed to include an extension of the Work Opportunity Tax Credit (WOTC) in any doc-fix legislation. The Senate Finance committee has turned away efforts to include WOTC in the...
View ArticleSenator Chuck Grassley Senior Republican on Senate Finance Committee Predicts...
According to a recent article in The Gazette of eastern Iowa, US Senator Chuck Grassley of Iowa predicts that many tax extenders will be renewed in 2014. Senator Grassley is the Senior Republican...
View ArticleWe Should All Do More
Dear friends and associates. Many of us have been involved with the Work Opportunity Tax Credit (WOTC) for years, even decades. We are experts. We’ve seen it succeed while noting its shortcomings and...
View ArticleWOTC Update – Two Bills Present Current Opportunities for Extension
Paul Suplizio, President of the WOTC Coalition has been keeping us up to date on hour to hour developments. Without further comment, I’m posting his update from early today. If you support renewal of...
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US House Member from Iowa Campaigning on Permanent WOTC
If you live or work in Iowa, perhaps you had a chance yesterday to hear from Representative Bruce Braley, an Iowa Democrat who traveled the state on Wednesday campaigning for a permanent renewal to...
View ArticleCalifornia Franchise Tax Board Releases Updated Mapping tool for “New...
From the Franchise Tax Board’s recent News Flash dated December 27, 2013. The New Employment Credit begins January 1, 2014. One requirement for the credit is that a taxpayer be engaged in a trade or...
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