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The Office of Federal Contract Compliance Programs (OFCCP) and the Work Opportunity Tax Credit (WOTC) are two significant programs that impact employers across the U.S.
Recent proposals to eliminate OFCCP’s dedicated funding and reorganize its functions have created substantial uncertainty, making it crucial for businesses to understand the potential shifts and prepare for them.
Currently, WOTC is not part of the financing bill and was left out of the legislation that passed earlier this year that provided other tax incentives for corporations. Unless WOTC is extended in the next few weeks, WOTC will formally end on December 31, 2025.
The OFCCP: Reorganization