Friday, August 20, 2010

Are Recovery Act Tax Credits for Businesses Working?

Speaker Nancy Pelosi’s office is looking for feedback from local business owners who have taken advantage of the Work Opportunity Tax Credit (WOTC) for businesses.

The WOTC offers tax savings to businesses that hire workers belonging to any of 12 targeted groups, including unemployed veterans and disconnected youth. The other 10 include people ages 18 to 39 living in designated communities in 43 states and the District of Columbia, Hurricane Katrina employees, recipients of various types of public assistance, and certain veterans, summer youth workers and ex-felons.

The Speaker’s staff have asked Women’s Initiative for our help finding business owners who were able to take advantage of the tax credit.

If you have taken advantage the WOTC, please contact Elizabeth de Renzy at (510) 287-3117 or ederenzy@womensinitiative.org. And please forward this message to your network!

Don’t miss this opportunity ensure that your voice is heard by our decision makers in DC!