Another high-profile public sector organization has fallen afoul of IR35. High Speed 2 (HS2), the public body responsible for developing the UK’s high-speed rail network, is anticipating a £9.5m IR35-related tax bill.Read More…
The Tax Cuts and Jobs Act (TCJA) passed in 2017 included limits in the amounts of state and local taxes individuals are now able to deduct. States have tried to work aroundRead More…
Changes to IR35, the off-payroll legislation that came into effect in the private sector in April 2021, have been painted in a bad light since they were first introduced. With high profileRead More…
Staffing firm owners may be leaving critical funds on the table – potentially tens of thousands of dollars – all from not knowing these four words: Employee Retention Tax Credit (ERTC). EnactedRead More…
The IRS recently ended Good Faith Transitional Relief for inaccurate or incomplete Affordable Care Act (ACA) reporting beginning tax year 2021. Translation: you could soon be facing increased penalties for ACA non-compliance.Read More…
What Unemployment Loans Coming Due Means for Staffing When the pandemic first hit the US and business as usual came to a screeching halt, unemployment soared to extreme levels. Suddenly, a significantRead More…
As we reflect on the rocky year that was 2020, many Americans were forced to file for unemployment due to the economic impact of COVID-19. With both small and large businesses havingRead More…