• President Obama Signs HIRE Act; Provides Tax Breaks For Employers and Small Businesses
  • March 31, 2010 | Authors: Seth Groman; Robert C. Nagle
  • Law Firms: Saul Ewing LLP - Baltimore Office ; Saul Ewing LLP - Philadelphia Office
  • On March 18, 2010, President Obama signed into law the Hiring Incentives to Restore Employment (HIRE) Act, which is designed to stimulate hiring of unemployed workers and retention of newly hired workers, by providing employers with a “holiday” from some payroll taxes with respect to such workers.