SurePayroll Offers Free HIRE Act Online Calculator

Small business owners can see the tax incentives they will gain if they hire qualifying HIRE Act employees.

GLENVIEW, IL – May 4, 2010 – SurePayroll, the online alternative, has recently launched a free, online HIRE Act calculator available to small business owners nationwide. Small business owners can simply enter the potential employee's start month and annual salary to see the tax savings.

For example, a small business planning to hire a qualifying employee with a $35,000 annual salary starting in May 2010 would save over $2800. Savings come from a combination of a tax credit worth up to $1,000 and a “tax holiday” where employers do not match qualifying employees' Social Security contributions.

A qualifying employee must meet several requirements, including:

• The new-hire employee cannot have worked more than 40 hours during the 60-day period ending on the day that the person begins the new job.
• The new-hire employee cannot serve as a replacement for a current employee “unless such other employee is separated from employment voluntarily or for cause.”
• The new-hire employee must be hired after February 3, 2010 and before January 1, 2011.

Additionally, SurePayroll will make the proper Social Security contribution changes for its small business customers who have hired qualifying employees. SurePayroll will provide new customers with complete HIRE Act tax management for no additional charge.

In addition to the HIRE Act calculator, SurePayroll has launched 30 additional online calculators to help small business owners better plan their spending. Calculators like the paycheck calculator are available for free, allowing small business owners to access these tools anywhere, anytime.

About SurePayroll

The online alternative, SurePayroll is dedicated to providing a simple, convenient and accurate online payroll service at a price small business owners can afford. Tens of thousands of customers rely on SurePayroll to process payroll on demand in as few as two minutes. In addition, SurePayroll offers efficient online solutions for managing 401(k) plans, health insurance, workers' compensation, employee screening and more. For accountants and banking partners, SurePayroll provides private-label and co-branded services that enable them to offer payroll processing to their small business clients. Every month the company releases the SurePayroll Small Business Scorecard, which aggregates hiring and compensation data from more than 30,000 small businesses regionally and nationwide, and includes overall optimism levels among small business owners. Founded in 2000, SurePayroll has received numerous prestigious awards for its innovative technology and outstanding customer service, including recognition from PC Magazine, Inc. 500, Accounting Today, the American Business Awards and many others. For more information, please visit http://www.SurePayroll.com.