Saturday, September 29, 2012

IRS offers tax credits for hiring veterans and youths - Portland Business Journal:

moakhamet84.blogspot.com
The economic-stimulus bill added thesed groups of workers to 10 groupas that previously were covered unde r the work opportunitytax credit. To take the businesses must file a certification requesyt withstate work-force agencies by Aug. 17 for unemploye veterans and “disconnected youth” hirer between Jan. 1 and July 17, 2009. The IRS has publishedf a revised Form 8850 that employers must use to obtain this The tax credit for hiring these two typesx of workers will continuethrough 2010.
To qualifuy as an unemployed veteran, the worker must have been dischargefd from the military within five years of the day he or she is hirefd and have received unemployment benefits for at least four weekse during the year before thehiringy date. A “disconnected youth” is is age 16 to 24, lackw basic skills and has not been regularly employed orattending school.

No comments:

Post a Comment