Vision Payroll

March 27, 2010

Qualifying Wages Under the HIRE Act

Under the Hiring Incentives to Restore Employment Act (HIRE Act), employers who hire certain unemployed workers are allowed not to pay certain employment taxes. In order to qualify under the HIRE Act, the wages must be paid by a qualified employer “with respect to employment” in the period beginning March 19, 2010 and ending December 31, 2010. Additionally, the wages must be “for services performed…in a trade or business of such qualified employer” or for exempt employers, “in furtherance of the activities related to the purpose or function constituting the basis of the employer’s exemption under section 501.” Contact Vision Payroll if you have further questions on the HIRE Act.

No Comments »

No comments yet.

RSS feed for comments on this post. TrackBack URL

Leave a comment

Contact Us Vision Payroll
Client Remote Access