New Law Repeals 3% Withholding for Contractors, Expands WOTC Tax Incentives for Hiring Veterans

On November 21, 2011, President Obama signed into law the Three Percent Withholding Repeal and Job Creation Act, or H.R. 674 (hereafter, ?the Act?). This new legislation repeals a controversial law that would have required federal, state and local government entities with total annual expenditures of $100 million or more to withhold three percent of [...]

Source: http://blogs.cbh.com/recon/?p=1246

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