Improve and Enhance the Work Opportunity Tax Credit Act

Changes to the Work Opportunity Tax Credit (WOTC) raise the basic credit to 50% of first‑year qualified wages (subject to category limits), increases wage caps for some veteran categories, limits summer youth wages (with a $3,000 cap), creates a special credit rule for long‑term family‑assistance recipients, and updates related technical rules. It also removes an age restriction in the tax code that had limited which Supplemental Nutrition Assistance Program (SNAP) recipients qualify for a separate tax provision. Both changes apply to workers who begin employment after December 31, 2024.