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Employers: HIRE Act Summary, Resources and Forms

By Blog, Business Law, Employment Law

On March 18, 2010, President Obama signed the Hiring Incentives to Restore Employment Act, known as the “HIRE Act” into law. The HIRE Act contains a number of provisions related to disclosure of foreign assets, a topic that has recently received a lot of focus by the Internal Revenue Service. The most touted provisions of the law, however, are designed to encourage business investment and hiring.The IRS has posted resources and forms to assist employers who seek to take advantage of the law.

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