The IRS is interested in informing small businesses and others about recently enacted federal legislation that includes tax-saving opportunities for small businesses to hire new workers.
On July 8 they held a free webinar. Topics they covered included:
- The payroll tax exemption and retention income tax credit for employers who hire previously unemployed workers.
- Who qualifies as an eligible individual for each benefit.
- What businesses may claim each benefit.
- How business can claim those HIRE benefits.
IRS has more information available on the HIRE Act at http://www.irs.gov/irs/article/0,,id=223909,00.html.
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