Posts Tagged ‘HIRE Act’

Payroll Tax Holiday – New Details on 2010 HIRE Act

Wednesday, August 11th, 2010

Linda Chiappone, Senior Tax Manager 
In March, the President signed into law the “Hiring Incentives to Restore Employment Act of 2010” (the 2010 HIRE Act), the centerpiece of which is a payroll tax holiday and up-to-$1,000 tax credit for businesses that hire unemployed workers. Here’s an overview of these new hiring incentives and some new details that carry important guidance on these new payroll tax breaks.   (more…)