Making the Work Opportunity Tax Credit a Success for Small Business: Hearing Before the Subcommittee on Tax, Finance, and Exports of the Committee on Small Business, House of Representatives, One Hundred Sixth Congress, Second Session, Washington, DC, May 4, 2000, Volume 4
United States. Congress. House. Committee on Small Business. Subcommittee on Tax, Finance, and Exports
U.S. Government Printing Office, 2000 - Employment tax credit - 93 pages
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able agency allow amount apply assistance benefits CARROLL certification Chairman MANZULLO Committee companies complete Congress Congressman continue costs course Department district economic effort eligible employers employment ending English enter ex-felons experience extension food stamps give going hire House important incentive income individuals interested Internal Internal Revenue Code issues Labor least LITTLEJOHN look manager McCarthy Means months move NAPOLITANO offered Opportunity Tax Credit paperwork participate Partnership payments percent period permanent person problem qualify questions receiving reduce released Representatives request require rolls Security skills small businesses statement Subcommittee success talk target group Tennessee testimony Texas Thank things trying United wages welfare recipients WELLER workers workforce WOTC
Page 91 - IRS . . 23 min. If you have comments concerning the accuracy of these time estimates or suggestions for making this form simpler, we would be happy to hear from you You can write to the Tax Forms Committee, Western Area Distribution Center, Rancho Cordova, CA 95743-0001 . Do not send the form to this address.
Page 91 - You are not required to provide the information requested on a form that is subject to the Paperwork Reduction Act unless the form displays a valid OMB control number. Books or records relating to a form or its instructions must be retained as long as their contents may become material in the administration of any Internal Revenue law.
Page 64 - An eligible recipient is an individual aged 18 but not 25 certified by a designated local employment agency as being a member of a family receiving assistance under a food stamp program under the Food Stamp Act of 1977 for a period of at least six months ending on the hiring date. In the case of families that cease to be eligible for food stamps under section 6(0) of the Food Stamp Act of 1977, the six-month requirement is replaced with a requirement that the family has been receiving food stamps...
Page 2 - STATEMENT OF HON. JERRY WELLER, A REPRESENTATIVE IN CONGRESS FROM THE STATE OF ILLINOIS Mr. WELLER. Thank you, Mr. Chairman and Members of the Subcommittee.
Page 4 - I would like to thank you and the members of this committee for the opportunity to testify on the measures presently under consideration.
Page 65 - Act for any month ending within the 60-day period ending on the hiring date. During the first year in which a WOTC-eligible person is hired, the employer can claim an income tax credit of 40% of the first $6,000 earned if the worker is retained for at least 400 hours. If the WOTC-eligible hire is retained for 120-399 hours, the subsidy rate is 25%. For summer youth employees...
Page 2 - HOUSE OF REPRESENTATIVES, SUBCOMMITTEE ON TAX, FINANCE AND EXPORTS, COMMITTEE ON SMALL BUSINESS, Washington, DC. The Subcommittee met, pursuant to call, at 10:05 am, in room 2360, Rayburn House Office Building, Hon.
Page 91 - ... requested on a form that is subject to the Paperwork Reduction Act unless the form displays a valid OMB control number. Books or records relating to a form or its instructions must be retained as long as their contents may become material in the administration of any Internal Revenue law. Generally, tax returns and return information are confidential, as required by section 61 03. The time needed to complete and file this form will vary depending on individual circumstances.