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 Bittner, 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

New COVID-19 Relief Efforts

On December 21, 2020, Congress passed a year-end bill to fund the government through September 30, 2021 and provide economic relief in response to the coronavirus pandemic. President Trump signed the bill into law on Sunday, December 27. The package includes $900 billion for COVID-19 relief. In addition to direct payments to a segment of the U.S. population, there are a host of benefits for business owners, as well.

We’ve outlined some important highlights for business owners. Specifically, the bill:

Important Year-End Updates

2020 was a long, difficult year for many. As the year comes to a close, many are eagerly looking forward to turning the page on the calendar to 2021, and to the hope that a new year inevitably brings.

While 2020 taught us that there are some things we may not expect, there are still some changes we know and can prepare for. To help your staffing business get ready for the new year, we’ve assembled a list of important tax and minimum wage changes for 2021.

Earned Income Tax Credit Notice Information:
For 2020, you are encouraged to notify the following employees that they may be able to claim EIC on their 2020 tax returns:

Employees with one qualifying child and wages less than $41,756. The employee’s copy of Form W-2 TRICOM prepares has the required statement about the EIC on the back of the form.

There are seven states that require employers to provide some additional notification to their employees about their possible eligibility for Earned Income Tax Credit. The following states allow employers to use Federal Notice 797:

Finding New Ways to Connect

If there’s one thing the coronavirus pandemic has taught us is that we need to find new ways to connect with one another when the old methods aren’t available or as effective. We’re seeing that happening in a variety of ways from conferences migrating to virtual platforms to the uptick in video conferencing. In fact, if there’s a sliver of a silver lining to this pandemic, it’s been that more people have been focused on finding new avenues to stay connected in more meaningful ways.

This “new normal” for business (and frankly, all) relationships has shown us that there is a great need for human interaction.

Shelly Wilkinson, TRICOM Director of Sales, has noticed that in the twenty-five plus years that she’s been in sales, she’s seen more and more of a focus on human-to-human connection since the onset of the pandemic. Shelly explained, “When we realized the work from home status was going to last longer than originally anticipated, I started doing more Zoom calls with my team in an effort to keep our close-knit relationships in place and at least ‘see’ each other instead of just a voice on the other end of the phone.”