Payroll Tax Incentive Info

If you have or will hire new employees this year, you should know this!!!!

Employers who hire unemployed workers this year may qualify for a 6.2-percent payroll tax incentive. In addition, if you retain the employee for a year, you may be able to claim a new hire retention credit of up to $1,000 per worker on your income tax return. The new worker must sign an affidavit or IRS form W11. For more details and a copy of W11, see www.irs.gov or email me at Kara@kgbookkeeping.com. Or subscribe to my discount payroll service and I will take care of it for you