New Hire Employment Act (HIRE)

Earlier this year Congress passed the Hiring Incentives to Restore Employment Act. (HIRE) One of the provisions of the act allows employers who hire a previously unemployed individual an exemption for matching social security tax on their wages. In order to qualify, the hire date must be after February 3, 2010 and before January 1, 2011; the individual must have been unemployed for the 60 day period ending on the date the employee begins employment with you; is not employed by you to replace another employee unless the other employee separated from employment voluntarily and the new employee can not be related to you.  If you believe you have hired someone already this year that qualifies or you plan on hiring a qualified individual, they must complete form W-11.  We have attached one for your convenience.  If you have further questions regarding the act, please contact our office.