Strategy: Hire disadvantaged teenagers to help out this summer. That may entitle you to special summertime tax credits in addition to the regular credits. The credit for a summer youth worker is capped at 40 percent of the first $3,000 in wages.
To qualify, the youth must be age 16 or 17 and be hired between May 1 and Sept. 15. As with the other jobs credits, you must secure certification for those workers.
Tip: If you keep a summer youth on the payroll longer, they also may qualify for the WOTC or welfare-to-work credit.