News

News

They share any information that’s available concerning our business or things that might affect our business. And I think they also are very effective in helping you understand why you need to look at things differently if you’re not looking at them the right way.
- Tanya Henry, Executive Director, Milwaukee Careers Cooperative

 

We are constantly on the alert for all the latest industry news, legislative updates, trends and more that could possibly impact your staffing business. Our president and CEO, Julie Ann Blazei, also shares her insights on the staffing industry in her message (link below). And when we don’t see information about a topic we feel is critical for you to know, we create it ourselves to share in our monthly email.

Press Room

 
The only certainty in the market today is that things are uncertain. There are no crystal balls to tell us where things are headed. Although it has improved over the last few months, there are no guarantees about where the market will go over the coming year. For temporary staffing companies, the uncertainty can be scary, but it doesn’t have to be.

 
Take the stress out of December and preparing for Year End by using Tricom's Year End Bulletin to stay on top of legislative changes that are important to the staffing industry.
 
We've collected all the relevant, timely and necessary information you need to ensure your staffing company is staying up-to-date with changes that directly impact your business.
 
Download the PDF version here: 2012 Year End Update 
 
As we move into 2013, one thing we know for certain is that the U.S. Department of Labor (DOL) will continue their investigation on misclassification of independent contracts. The DOL is working with the IRS as well as other federal and state agencies to share information and jointly investigate claims of worker misclassification.
 
Have you taken the time to analyze what the stakes are in making the decision to have independent contractors?
 

 

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Legislative Updates

21 States will be added to the FUTA credit reduction list due to failure to pay back on loans from the federal government to continue paying unemployment benefits.  After a state has had an outstanding Title XII loan balance for two consecutive years on January 1, employers in that state face a 0.30% reduction in the FUTA credit if the loan is not paid back by November 10 of that same year. 

http://www.treasurydirect.gov/govt/reports/tfmp/tfmp_advactivitiessched.htm

The U.S. Department of Labor has notified the Internal Revenue Service (IRS) and the California Employment Development Department that California is now a credit reduction state as a result of its outstanding loan balances. Per the IRS website:

On August 15, 2011 U.S. Citizenship and Immigration Services (USCIS) announced E-Verify Self Check is now available in a Spanish-Language version and now accessible to residents in 16 additional states. E-Verify Self Check is a voluntary, fast, free and secure online service that allows U.S. workers to check their employment eligibility and/or data inaccuracies. Now available in 21 states and USCIS will continue to evaluate and improve the Self Check service, which intends to expand nationwide by spring 2012.
 

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