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Nonprofits Can Get Payroll Tax Credits

July 17, 2010 Posted by The Law Firm for Non-Profits, P.C. in Taxes

Small nonprofits may receive credits to payroll taxes for hiring new employees. If the nonprofit has:

  • Fewer than 25 full time equivalent staff or employees;
  • Annual wages average less than $50,000; and
  • The employer picks up at least 50% of the premium for individual health insurance coverage, it may qualify. Learn more.