Posted on December 31, 2010

Social Security Tax Exemption Ended December 31, 2010

Employers who hired unemployed workers in 2010 after February 3 could have qualified for a 6.2 percent payroll tax incentive, exempting the employer share of Social Security taxes on wages paid to these workers after March 18, 2010.

As of January 1, 2011 the employer will begin paying their share of Social Security tax on these employees.