Hire a Smart Kid, Get a Discount from the IRS
You can eliminate your employer share of the Social Security tax wages by hiring a “qualified new hire.â€Â This means a 6.2% tax exemption from wages paid to these workers from March 19, 2010 – December 31, 2010. As part of the Hiring Incentives to Restore Employment Act, this tax exemption is available to taxable…