What Does HS2’s Latest IR35 Fine Mean for Businesses, Agencies and Contractors?

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 ...

Tax Deduction Limits and the Pass-Through Entity

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 around these limits ...

IR35: A Force for Good

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 ...

Retroactively Claiming the Employee Retention Tax Credit: What Staffing Firm Owners Need to Know

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 ...

Avoiding Harsh ACA Penalties: How Staffing Firms Can Stay Compliant

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 ...

Unemployment Tax Hikes on the Horizon?

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, ...

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