Hiring Summer Help

Do you remember your first summer job? It doesn't matter if you were a babysitter, caddy, telemarketer or lifeguard. Your first job taught valuable lessons about responsibility and balancing work with family and friends. It also helped keep you out of trouble during the summer, instilled confidence and built up your resume. Unfortunately, the demand for summer jobs consistently outpaces the Continue Reading

Could Your Business Benefit from the Work Opportunity Tax Credit?

If you plan to hire new employees this year, you're not alone. Employment statistics ended 2015 on a positive note. In addition, roughly 242,000 new jobs were added in February and the unemployment rate fell to 4.9%, its lowest level in eight years. Several recent studies indicate that the hiring momentum will continue in 2016. Hiring new employees could also earn you a credit on your tax Continue Reading

Building Tax Breaks for Disability Accommodations

The IRS has posted information on its Web site about the tax breaks available to businesses when they accommodate disabled individuals. Here is a brief summary of three key tax breaks:   1. The disabled access credit - A small business may be entitled to a nonrefundable credit when it incurs expenses for providing access to individuals with disabilities. To be eligible, the business can't have Continue Reading

Employers Get Extension on Work Opportunity Tax Credit Paperwork

Are you an employer who claims the Work Opportunity Tax Credit (WOTC)? Or perhaps you haven't claimed the credit yet but you are interested in taking advantage of the tax break. You now have until April 30 to provide a pre-screening form for certain groups of qualifying workers hired in 2014, the IRS recently announced. WOTC Basics Under tax law, the WOTC is available to employers Continue Reading