IF your business hires a new employee after 2/3/2010 and before 1/1/2011, you can get a credit of 6.2% of their salary for a "qualified employee" defined as:
New employee must certify (form W-11 is perfect for this) that they have not been employed for more than 40 hours during the 60 day period prior to you hiring them.
The employee cannot be replacing another employee (in other words it must be a new position) unless the prior employee left voluntarily or for cause (which can include downsizing)....pretty wide open here.
The employee cannot be related to you.
That's it....if you want to take advantage of this credit, contact me and I will make sure you know what to do.
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