Starting in 2011 a deduction is available for the increase in full time employees that are employed in Wisconsin during the taxable year. The subtraction is $2,000 per eligible employee for businesses with gross receipts greater than $5 million or $4,000 per eligible employee for businesses with gross receipts of $5 million or less.
In order for an employee to be considered full time, this employee must work at least 2080 hours per year, including paid leave and holidays.
This deduction is available for new and existing businesses.
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