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Nonprofit Receive New Payroll Tax Exemptions for New Hires in 2010

The IRS has released Form W-11 a new form that will help employers, including tax-exempt organizations and public colleges and universities, claim the special payroll tax exemption that applies to many newly-hired workers during 2010.  The payroll tax exemption was created under the provisions of the Hiring Incentives to Restore Employment (HIRE) Act signed by President Obama on March 18.

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