On March 18th, 2010 President Obama signed the Hiring Incentatives to Restore Employment (HIRE) Act. While the legislation contains various tax breaks to encourage businesses to hire unemployed workers, there are only a few provisions that will impact the average return. The two that impact most of our clients are an exemption for employers that hire qualified unemployed workers and a general tax credit for employers that retain qualified workers.
Payroll Tax Incentives
Qualified Employers that hire qualified unemployed workers after February 3, 2010 and before January 1, 2011 may qualify
