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Tax Break for Hiring

March 30, 2010 by Deb Howard Greenleaf

Interested in adding a new employee or two? The IRS now has two new tax breaks for employers hiring workers who were previously unemployed or only working part time. According to the IRS: Employers who hire unemployed workers this year (after Feb. 3, 2010 and before Jan. 1, 2011) may qualify for a 6.2-percent payroll tax incentive, in effect exempting them from their share of Social Security … [Read more...]

Filed Under: Small Biz Taxes Tagged With: new hire tax credit

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