Two New Tax Benefits Aid Employees Who Hire and Retain Unemployed Workers

Staci Mauldin EA, Lakeside Tax & Bookkeeping The new HIRE Act was enacted last week to stimulate hiring and give businesses a break! The immediate effect is to exempt the employer from the Social Security match on wages paid to the newly hired worker.The long term effect is the business may claim an additional general business tax credit on their 2010 income tax return.For more specific information, please call our office at 214.607.1660.Lakeside Tax & Bookkeeping - your Rowlett QuickBooks ProAdvisor Experts!  Be seen with the Green Machine!