Maryland Hiring Incentive Rebate for Employers
January 4, 2011
The State of Maryland has come out with a job creation tax credit program that may be able to save up to $5,000 by hiring certain employees into new positions. All employees must be Maryland residents hired between March 25, 2010 and December 31, 2010 and meet the following criteria:
• Individuals at the time of hire must be receiving unemployment insurance benefits or have exhausted their benefits in the previous 12 months and not working full-time immediately preceding the date of hire
• Employees must be hired into full-time, newly-created positions, or a full-time position that had been vacant for at least 6 months
Be sure to consider this program if have any new employees in the State of Maryland within the eligible period
