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Work Opportunity Tax Credit Extended 5 More Years

Wednesday, January 6, 2016

HARTFORD —Today, U.S. Senator Chris Murphy (D-Conn.) joined Acting Labor Commissioner Dennis C. Murphy, Hartford Mayor Luke Bronin, and Tom Phillips, President of Capital Workforce Partners, to hold a press conference celebrating a federal workforce tax credit that will encourage businesses to hire long-term unemployed workers and put Connecticut residents back to work. In the end of the year tax bill, Congress extended the Work Opportunity Tax Credit for five years and added additional incentives for businesses that employ long-term unemployed workers—workers who are unemployed for a for six months or longer.  Read More...