Business Need Focus

Senator Wyden Calls for Expeditious Renewal of Expire Act

expire

Senator Ron Wyden, Chairman of the Senate Finance Committee, recently expressed  his contention that the expired provisions of the Expire Act, including the Work Opportunity Tax Credit (WOTC), the Empowerment Zone Credit, and the Indian Employment Credit, need to be expeditiously renewed. “Today, American businesses of all sizes are making their required quarterly tax payments [Read More...]

WOTC Update: Aaron Schock Pushes WOTC extension; IRS Urges Extension of WOTC Extender Bill

WOTC extension

In August, Rep Aaron Schock of Illinois introduced H.R. 5264 “To amend the Internal Revenue Code of 1986 to make the work opportunity credit permanent.”  The bill would extend WOTC one year retroactive to cover the current hiatus and would also make WOTC permanent.  Mr. Schock and his Co-sponsor Charles Rangel of NY have published [Read More...]

Tax Intelligence – State Targeted Hiring Tax Credits

state targeted hiring programs

Situation State targeted hiring programs provide tax credits for businesses who hire individuals falling into various categories such as disabled, unemployed, economically disadvantaged, and veterans.  Most states allow any business, regardless of industry, to take advantage of these programs.  Accessing and qualifying for these programs can vary from state to state. Solution To benefit from [Read More...]

Strategies to Lower Your Employment Tax Rate

Lowering your employment tax rate

As the state unemployment insurance (SUI) tax rate season approaches, now is the time to review best practices for reducing your employment tax rate for 2015.  States offer three primary savings opportunities for employers to reduce their overall SUI burden. Voluntary Contributions Voluntary contributions allow employers to make a one-time payment into a state’s UI trust [Read More...]

Great Customer Service Starts With a Single Accurate Database

Consolidate your data into a single customer service database.

Decentralized databases are a growing problem. Consolidating information into a single accurate and up-to-date customer service database can help.

HAMP Loan Program: The Other Shoe Is About to Drop

Many homeowners avoided losing their homes to foreclosure through HAMP, a temporary loan program that will soon expire.

HAMP homeowners may soon be struggling with impending foreclosures. As a loaner, here is how you can help your clients manage their debt.

Combating Transaction Fraud

prevent fraud

We have all heard the news that data breaches and the subsequent identity theft of all types is the fastest growing crime in the US today. More people and businesses are being impacted for larger dollar amounts − witness the impact of the Target and Home Depot breaches. Unfortunately, there is no such thing as [Read More...]

California EZ – Third Party Vouchering

California EZ

Some good news in the “wind-down” of the California Enterprise Zone Program! The California HCD has assigned third-party agents to continue vouchering for all Los Angeles zones as of September 1, 2014 through the end of 2014. Previously, Los Angeles announced that they would no longer accept voucher applications after August 31, 2014. Even though [Read More...]

I-9 Compliance: E-Verify Monitoring and Compliance Steps Up Activities

e-verify Form I-9

Employers using E-Verify need to be aware of the fact that the way in which they administer the system is being monitored, and quite closely. While E-Verify has been around in some form since 1997 and is currently used by over 530,000 employers, the Monitoring and Compliance (M & C) group is a fairly recent [Read More...]

Office of Special Counsel Provides Updated Fact Patterns Flyer for Employers

Employment Discrimination I-9 Compliance

The Department of Justice’s Office of Special Counsel for Immigration-Related Unfair Employment Practices, commonly referred to as the OSC, recently updated their informational flyer, entitled “Citizenship/Immigration Status and National Origin Discrimination in Employment”. This flyer is intended to serve as guidance for employers on how to avoid various types of discriminatory practices and is based on [Read More...]