Does your new employee qualify?
If you are hiring people this year, please keep in mind that certain individuals you hire could make the business to be eligible for tax credits amounting up to $9,600 per new hire! Some veterans, food stamp recipients and long term unemployed individuals can be eligible for these tax credits.
In order to qualify to receive this credit you must apply and receive certification within 28 days of the new hire’s start date.
To apply please click here.
Please see the link below to see a broad outline of the tax credits available.
- Information from Colorado Department of Labor and Employment
If any questions arise regarding this topic please do not hesitate to give us a call at (719)634-2815 and we can help with proper reporting.