Tag Archives: Hire Act

Special Payroll Tax Exemption Form Now Available

WASHINGTON — The Internal Revenue Service today released a new form that will help employers claim the special payroll tax exemption that applies to many newly-hired workers during 2010, created by the Hiring Incentives to Restore Employment (HIRE) Act signed … Continue reading

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Posted in Payroll | Tagged , , | 1 Comment

Payroll tax holiday and up-to-$1,000 credit for employers who hire unemployed workers.

A key tax change affecting business was made in the recently enacted Hiring Incentives to Restore Employment (HIRE) Act. To help stimulate the hiring of workers by the private sector, the new law exempts any private-sector employer that hires a worker who … Continue reading

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Posted in Payroll, Tax legislation | Tagged , , , | 7 Comments