Here we go again - FYI
One more thing during tax time!
(1) Social Security Tax Exemption
The maximum tax break an employer could gain per employee under this provision would be $6,621, or 6.2% of total wages paid in 2010 up to the $106,800 FICA wage cap
(2) Business Tax Credit
Employers will also be eligible to receive a $1,000 income tax credit for every qualifying new employee retained for at least 52 weeks.
(3) Sec 179........$250,000
and more!
One more thing during tax time!
(1) Social Security Tax Exemption
The maximum tax break an employer could gain per employee under this provision would be $6,621, or 6.2% of total wages paid in 2010 up to the $106,800 FICA wage cap
(2) Business Tax Credit
Employers will also be eligible to receive a $1,000 income tax credit for every qualifying new employee retained for at least 52 weeks.
(3) Sec 179........$250,000
and more!