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Federal Indian Employment Credit retroactively renewed and extended

Federal Indian Employment Credit retroactively renewed and extended

Dec 19, 2019 by Allison Hollin

The federal Indian Employment Credit has been retroactively renewed and extended for tax years beginning before 2020. This corporate income tax credit for employers hiring enrolled members of an Indian tribe or their spouses can yield up to $4,000 per qualified employee annually and had last sunset at the end of 2017.

For more information on how these changes could benefit your business, please contact your Silverlode Tax Consultant or contact@silverlodeconsulting.com.