Tag: hire

IRS Issues HIRE Act Affidavit

The Internal Revenue Service released yesterday Form W-11, the Hiring Incentives to Restore Employment (HIRE) Act Employee Affidavit.  Employers can use the form to claim the special payroll tax exemption that applies to many newly hired workers during 2010.  Click here to download a copy of Form W-11. The HIRE Act, which President Obama signed into law on … Continue Reading

President Obama to Sign Jobs Bill Today

President Obama is today expected to sign the Hiring Incentives to Restore Employment (HIRE) Act, which in its final form passed The House of Representatives 217-201 on March 4 and the Senate 68-29  on March 17.  Click here to download the final version of the HIRE Act. Key provisions of the HIRE Act include: An exemption … Continue Reading

Senate Jobs Bill: Tax Incentives to Hire Unemployed, but no COBRA Subsidy Extension

Yesterday the U.S. Senate  voted 70-28 to approve the Hiring Incentives to Restore Employment (HIRE) Act, a $15 billion bill aimed at creating jobs, helping small businesses, and rebuilding public infrastructure.  However, the bill does not include a further extension of the current COBRA subsides for unemployed workers, nor does it increase funding for state … Continue Reading
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