IT training pushes for big break

Article Abstract:

Companies could get a tax break up to $6,000 for IT training per employee if the Senate passes the 1998 tax bill. Senators Kent Conrad and Diane Feinstein have attached an amendment to the bill that would give a 20% tax credit to business for IT training, at a maximum of $6,000. The tax breaks would translate to significant savings for companies that provide IT training. It would also mark the first time that the US government has recognized IT training in the private sector.

Public Finance Activities, Corporate Tax Deductions & Exemptions, Corporate taxes

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State sets the stage for federal training tax break

Article Abstract:

The Maryland legislature has passed a bill granting tax breaks for IT training. The bill, expected to be signed into law by Gov Paris Glendenning, is the first state legislation to tackle IT tax credits. The legislation provides a 30% tax credit for IT training expenses to Maryland workers or employers, with a cap of $1,500 a year. Supporters of the law expect the idea to spread to the federal level in the future.

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Maryland, Business Aid Programs-State

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Boom or bust?

Article Abstract:

The Workforce Imrpovement Act, which was signed into law in Oct 1998 to increase the number of H-1B work visas for foreign technology workers, has generated mixed views from the information technology (IT) industry. Some IT firms say that the legislation will boost the industry. Others claim that it discriminates against American technology workers and allows companies to practice ageism and pay unfair salaries.

Government regulation (cont), Computer Services, Computer Systems Design and Related Services, Information technology services

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