WOTC survives!
The final version of the tax reform bill that reconciles the Senate and House bills was just released late this afternoon by the conference committee. The good news is that WOTC is left intact through 12/31/2019. The full text of the conference bill can be found here (http://docs.house.gov/billsthisweek/20171218/CRPT-115HRPT-466.pdf). The section relating to WOTC is shown below indicating that the conference agreement does not follow the House bill provision.
Next steps will be for the full House and Senate to vote on the final bill next week and then it would be off to the President’s desk for signature into law. We’ll keep you updated on that next week as needed.
Have a great weekend and a wonderful upcoming Holiday Season!