Hire Act – Tax Breaks For Employers Who Hire New Employees
On March 18, 2010, President Barack Obama signed into law the Hiring Incentives to Restore Employment Act (HIRE Act). The HIRE Act provides both immediate and deferred tax benefits to employers who hire certain previously unemployed workers (“qualified employees”).
Who is a Qualified Employer?
As stated above, a qualified employer is any employer, other than a federal [...]
April 16th, 2010 by mmarsh | Posted in Business Law Bulletin, Employment Law News, Tax Update | Comments (0)
65% COBRA Subsidy Extended Again Through May 31, 2010
UPDATE 4-15-2010:
65% COBRA subsidy for up to 15 months extended again through May 31, 2010.
In Mid December of 2009, President Obama signed the 2010 Defense Appropriations Bill, which included an extension of the 65% COBRA Subsidy provision originally enacted last February in the American Recovery and Reinvestment Act of 2009 (“Stimulus Bill”). The new [...]
Tags: COBRA subsidy
April 15th, 2010 by mmarsh | Posted in Business Law Bulletin, Corporate Client Bulletin, Employment Law News | Comments (0)
