Indian employment credit
Definition
A dollar-for-dollar tax credit offered to companies by the federal government to hire registered Native American Indians and their spouses while living in (or near) a reservation, as well as being employed or performing the majority of their services within a reservation. The credit is limited to $20,000 per qualified employee per tax year, and employers must use IRS form 8845 to claim the credit.
Related Articles
- Investment Clubs *
- Dividend Reinvestment Plans *
- Introduction to Inflation and its Impact *
- Forex Trading: Which Style is Yours? *
- Options and Their Features *
- Information on Filing Auto Claims and Reducing Premiums *
- Yield, Duration and Ratings of Bonds *
- Introduction to Stock Indexes, DJIA and the NASDAQ *
Related Videos
http://www.businessdictionary.com/definition/Indian-employment-credit.html
