Work Opportunity Tax Credit Gets Bipartisan Push: BGOV Tax

Employer Work Opportunity Credit Buoyed

Backers of a bipartisan tax credit that rewards employers for hiring those who struggle to find a job are pushing for movement on renewing and expanding the expiring incentive.

Lawmakers and lobbyists are merging disparate efforts to expand the Work Opportunity Tax Credit, a federal tax break for companies that employ veterans, ex-felons, and recipients of needs-based benefits.

The bid could boost not just the renewal of a popular tax break for businesses but a broader effort to avert expiration cliffs for other tax breaks left out of the GOP tax-and-spending bill signed into law ...