How To Get Paid To Hire And Retain New Workers

Law360, New York (May 7, 2010, 12:43 PM EDT) -- President Obama signed into law the Hiring Incentives to Restore Employment Act (H.R. 2847), referred to as the HIRE Act, as part of his stimulus agenda. The HIRE Act became effective March 18, 2010. This new law provides tax incentives for employers who hire new workers this calendar year, and an additional benefit for employers who retain the newly hired workers for at least 52 continuous weeks. While blissful in its simplicity, the HIRE Act contains many hidden issues employers face as they take advantage of...
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