Equifax Workforce Insights

Salt Lake City Hotel Chain Fined Almost $2 Million in ICE Audit

shutterstock_123461710

A September 10th ICE news release named Salt Lake City hotel chain Grand America as having been fined almost $2 million as a result of hiring unauthorized workers. As part of the settlement, Grand America also agreed to undertake remedial measures estimated to cost the company around $500,000. These measures include: adopting new policies to [Read More...]

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...]

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...]

Wage Theft Cases Continue to Rise Nationwide

Wage Theft

A pair of recent news items–one an article in The New York Times; the other a press release by Governor Cuomo’s office–illustrate the heightened scrutiny being given to wage theft issues–not only in New York, but nationwide. The New York Times piece by Steven Greenhouse asserts that federal and state officials claim that employers are violating wage laws in [Read More...]

Tax Intelligence Bulletin: M&A Pre-Clearance Letters

August Tax Intelligence Bulletin

While most Merger & Acquisition (M&A) transactions are not driven by state unemployment insurance (SUI) tax implications, proper due diligence and pre-transaction planning can assist acquiring employers in avoiding unexpected outcomes.  As employers contemplate M&A transactions, which often occur at year end, those responsible for unemployment tax cost management should arm themselves with sufficient information [Read More...]