John Vreeland Comments on New York’s Minimum Wage Reimbursement Credit in Tax Incentives Alert

May 22, 2013

Counsel John Vreeland,  Director of the firm’s Wage & Hour Compliance Practice Group, was quoted in the May issue of Strafford’s May 2013 Tax Incentives Alert, commenting upon New York State’s new minimum wage and its reimbursement credit provision as it pertains to teen workers who are still in school.  In discussing New York Takes New Path in Subsidizing Minimum-Wage Jobs he policy's possible impact as a disincentive to dedication and good performance, Mr. Vreeland noted that “businesses will find that the tax credit’s requirement limits their ability to attract and retain good teenage workers…the credit essentially imposes a ‘maximum’ wage for teenage workers.”

Tax Incentives Alert is a current, comprehensive briefing on the new and ever-evolving array of federal and state tax credits, exemptions, deductions, abatements, and other incentives available.