Status of Federal (Non-WOTC) Tax Credit Programs
The American Taxpayer Relief Act of 2012, extended the Federal Empowerment Zone and Indian Employment Credits to cover the current hiatus that began on January 1, 2012. The District of Columbia (DC) Enterprise Zones (EZ) and the Federal Renewal Communities (RC) were not extended.
Although unlikely at this point, Equifax Workforce Solutions will continue to monitor current legislation for possible extensions of the DCEZ and RC. We will also provide credit opportunities retroactively for the DCEZ locations as of December 31, 2011 and the RC locations as of December 31, 2009.
For additional information on the programs that were extended as part of the American Taxpayer Act of 2012, please visit the Tax Credit and Incentive blogs at http://blog.talx.com/CategoryView,category,TaxCreditsAndIncentives.aspx