Tax Intelligence: Compliance Pays When Bundled with WOTC

compliance that pays

Situation Work Opportunity Tax Credit (WOTC) provides a federal tax incentive for each eligible hire. Employers are challenged to meet screening and compliance regulations and deadlines when assessing new hire eligibility, potentially leaving millions of dollars of tax credit savings on the table.  Screening percentages and compliance are key performance indicators for the WOTC program.  [Read More…]

WOTC Legislation: House Passes One-year Renewal

WOTC legislation

On Wednesday, with a vote of 378-46, the U.S. House of Representatives approved H.R. 5771, the “Tax Increase Prevention Act of 2014″.  Included in this bill is a one year extension of WOTC and other expired tax provisions including the Indian Employment Credit and the Federal Empowerment Zone Credit.  The Senate is expected to pass [Read More…]

Charge Auditing: Prevent Improper UC Benefits Payments

The practice of payrolling

While the prevention of improper unemployment benefits via compliant claims response remains the primary focus of UI integrity legislation, the rapid identification of these charges (after they begin) can also go a long way toward reducing the $5 billion in overpayments. Improper charges can have a direct effect on your company’s unemployment experience, potentially causing [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…]

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…]

We’re the government. Trust us.

government_slide

Posted with premission from FCW. By Troy K. Schneider Aug 13, 2014 The Federal Housing Administration works with lenders to insure more than $1 trillion in mortgage loans. The Department of Homeland Security shares vital information with thousands of partners at the international, federal, state, local, territorial and tribal levels, as well as in the [Read More…]

HSPD-12 – Ten Years On

white-house

Homeland Security Presidential Directive 12 (HSPD-12), signed by President Bush on August 27, 2004, was originally enacted to address the wide variety and differing security levels of identification credentials used to access secure facilities. The directive established standards for verifying an individual’s identity and issuing a tamper-proof credential that could be rapidly authenticated electronically. The [Read More…]

Identity Proofing Essentials for Effective Government Operations

socialServices_940x255

Who are you and how can you prove it? Seems like an easy question, yet in the digital environments where we work and live, this is no longer such a straightforward matter. Each individual is identified not only by a name, authoritative source (such as a Social Security Number, Passport, or Driver’s License), address, phone number, [Read More…]

Remote Access — Do You Know Who Is In Your Data?

remote user

Just over 80 percent of HR managers in a recent survey gave their agencies a grade of B or C for progress in meeting the Telework Enhancement Act’s goals of using telework to achieve greater flexibility in workforce management Letting workers access sensitive systems and data from off-site locations and, potentially, using uncontrolled devices raises a [Read More…]

Tax Intelligence – Maximizing WOTC ROI

August Tax Intelligence Bulletin

As the Work Opportunity Tax Credit (WOTC) is currently in hiatus status, it is more important than ever for companies that hire to ensure that their WOTC capture program is as effective as it can be to ensure maximum credit value generation once the program is renewed.  Recall that even when WOTC is in hiatus, [Read More…]