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 [...]
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 [...]
Last week, President Obama signed into law the Hiring Incentives to Restore Employment (HIRE) Act (HR 2847). The law includes several major tax provisions designed to promote job growth as the nation’s economy continues to recover from recession. HIRE NOW TAX CUT The “Hire Now Tax Cut” provides $13 billion in tax breaks to qualified [...]
