The IRS released the final version of Form W-11 Hiring Incentives to Restore Employment (HIRE) Act.
AdvanStaff recently published an article outlining the provisions of the new HIRE Act. If you are unfamiliar with the ACT, you can read about it HERE or visit the following links to the IRS website:
Sample information on the Form:
I certify that I have been unemployed or have not worked for anyone for
more than 40 hours during the 60-day period ending on the date I began
employment with this employer.Your name ______________________ Social security number ___|___|___
First date of employment __/__/__ Name of Employer _________________
Under penalties of perjury, I declare that I have examined this affidavit
and, to the best of my knowledge and belief, it is true, correct, and
complete.
Employee Signature __________________________________ Date ___/___/___
Use Form W-11 to confirm that an employee is a qualified employee under the HIRE Act. You can use another similar statement if it contains the information above and the employee signs it under penalties of perjury.
Only employees who meet all the requirements of a qualified employee may complete this affidavit or similar statement. You cannot claim the HIRE Act benefits, including the payroll tax exemption or the new hire retention credit, unless the employee completes and signs this affidavit or similar statement under penalties of perjury and is otherwise a qualified employee.
A “qualified employee” is an employee who:
As of April 7, 2010 the AdvanStaff Human Resources Department has added Form W-11 to the new hire employee orientation packet. AdvanStaff HR will track and manage this program on your behalf.
The updated versions of the enrollment packet are available for download in AdvanStaff HR Web Edition under Documents & forms –> HR Forms –> EE Enrollment Packet …
You can also download a copy of Form W-11 in the same “HR Forms” directory in Web Edition.
For employees hired AFTER Feb 3, 2010 but BEFORE April 7, 2010, your assistance as the work-site employer is needed to collect the completed forms from “qualified” employees. Over the next week you will be receiving an employee report from AdvanStaff HR listing which employees may be eligible for the program. From there, follow the guidelines listed on the form to determine if the new hire is eligible for the program; if so, distribute the form to each qualified employee. Then, return all completed forms to your AdvanStaff HR payroll or human resources representative.
If you would like to get started sooner. You may also run a “New Hire” PDF report within Web Edition. To do this, simply:
Please contact a human resources professional (or reply to this email) at AdvanStaff HR if you have any questions.