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Hire Act

khogenmillerkhogenmiller 1 Post
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We have an employee who is self-employed who hasn't worked the 40 hours in the past 60 days but still currently self-employed. Do we qualify for credit?
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  • Holly_JonesHolly Jones 102 Posts
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    I looked into the specifics for self-employed individuals under the HIRE Act this morning but, unfortunately, the IRS has not yet issued specific guidance on whether self-employed individuals (or contractors, for that matter) are qualified employees.

    For what it's worth, it seems that if self-employed individuals were meant to be excluded, then that specification would have been made in the initial definitions of "qualified employee," but that's not my professional opinion, just my two cents.
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  • tkesslerTony Kessler 409 Posts
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    [URL]http://bit.ly/9CBkGU[/URL]

    Here is a link to a Tuesday audio event we're holding about "The HIRE Act: Benefits and Possible Pitfalls for Employers." Signups for this 90-minute audio presentation are better than I expected, which I hope means many of you are thinking about doing some hiring and using the HIRE Act to your advantage. tk
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