Join us as we clarify how this recent legislation will affect your organization Earlier this year, President Obama signed into law significant pieces of legislation – the Hiring Incentives to Restore Employment (HIRE Act) and the Health Care Reform legislation (consisting of both the The Patient Protection and Affordable Care Act and the Health Care [...]
On March 18, 2010, President Obama signed into law new legislation aimed at job creation called the Hiring Incentives to Restore Employment (HIRE) Act. This legislation is estimated to cost $18 billion and is to be paid for, in part, by tighter enforcement and increased reporting requirements around foreign financial activities. Among these changes are [...]
As an incentive for business investment in capital and equipment, the Hiring Incentives to Restore Employment (HIRE) Act includes a provision that extends the previous one-year increases in the maximum amount that a business taxpayer may deduct for the cost of such an investment under Sec. 179. Under this new provision, the maximum amount that a [...]
