There are 2 main incentives of the HIRE Act to encourage businesses to hire from the ranks of the unemployed.
Companies are exempt from paying their 6.2% portion of withholding taxes in 2010 for new employees hired between February 2010 and January 2011.
Employers will be paid a tax credit of up to $1,000 for new hires [...]
In: Job Search Advice · Tagged with: Act, Game, Incentives, New Hires, Paying Taxes, Relatives, Salary Information, Six Months, Specifics, Tax Credit, Wages, Withholding Taxes
By Mark Kleis
Several sources familiar with the preparations of General Motors’ upcoming initial public offering are, according to the latest projections, suggesting that American taxpayers could take a loss on the offering, potentially pushing off payback for years.
The U.S. taxpayers currently lay claim to a 61 percent ownership stake in GM, meaning taxpayers would need [...]
In: Business Stories · Tagged with: American Taxpayers, Automaker, Economic Uncertainty, General Motors, Gm, Incentives, Initial Public Offering, Ipo, Likelihood, Market Valuation, November 2nd, Ownership Stake, Payback, Reuters, Roadshow, S Market, Salary Information, Selling Shares, Target Value, Wall Street