Payroll Tax Exemption and Qualified Employers
In March 2010, in order to encourage U.S. companies to hire, the President of the United States signed a new law that exempts businesses that hire "qualified individuals" from paying the 6.2% Social Security payroll tax normally paid by employers through December 2010.
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Jim Hobstetter (on the left), the Mid-America Recruiting Manager for Aker Advantage Inc. presents a rebate check to David Lewia, Director of Mid-America Operations for Jacobs P&C PSG (on the right) for the taxes saved by Aker Advantage on contractors assigned to his group. The total rebate for all the U.S. Aker Solutions companies in the U.S. from this was $227,000.