The book Description of Expiring Tax Provisions Jcs-8-89 was written by author United States. Congress. Joint Committee On Taxation Here you can read free online of Description of Expiring Tax Provisions Jcs-8-89 book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Description of Expiring Tax Provisions Jcs-8-89 a good or bad book?
What reading level is Description of Expiring Tax Provisions Jcs-8-89 book?
To quickly assess the difficulty of the text, read a short excerpt:
The credit generally is equal to 40 percent of the first $6,000 of qualified first-year wages paid to a member of a targeted group. Thus, the maximum credit generally is $2,400 per individual. With respect to economically disadvantaged summer youth employees, however, the credit is equal to 40 percent of up to $3,000 of wages, for a maximum credit of $1,200. The credit is not available for wages paid to a targeted group member unless the individual either (1) is employed by the employ- er for a...t least 90 days (14 days in the case of economically disad- vantaged summer youth employees), or (2) has completed at least 120 hours of work performed for the employer (20 hours in the case of economically disadvantaged summer youth employees). Also, the employer's deduction for wages must be reduced by the amount of the credit claimed. The credit is available with respect to targeted-group individuals who begin work for the employer before January 1, 1990. Authorization of appropriations Present law also authorizes appropriations for administrative and publicity expenses relating to the credit through September 30, 1989.
You can download books for free in various formats, such as epub, pdf, azw, mobi, txt and others on book networks site. Additionally, the entire text is available for online reading through our e-reader. Our site is not responsible for the performance of third-party products (sites).
User Reviews: