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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.

Legislative Updates

from the Sierra Sun Times:

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:
 
 
Effective in January 2012, the combined employee payroll tax rate for New Jersey employees is reduced to .00705 from .00985 in 2011.  This means a savings of $87 per worker.  This equals approximately $190 million in direct tax relief to New Jersey employees.
 

FUTA Credit Reduction Update:

 
 
Because the transaction was completed before year end 2011, the State and its business community will experience significant interest savings, FUTA tax credits will be restored, future tax penalties will be avoided and the solvency tax on Michigan employers will be eliminated.
 

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