Baxter International, Inc. is a global employer in the healthcare industry with more than 49,000 workers world-wide. According to the company’s website, Baxter operates at 6 locations within the State of California. (more…)
Baxter International, Inc. is a global employer in the healthcare industry with more than 49,000 workers world-wide. According to the company’s website, Baxter operates at 6 locations within the State of California. (more…)
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Aaron Baker, president and owner of Cannon Safe in San Bernardino, California, published a powerful opinion piece in the San Bernardino Sun today. Cannon Safe is located within the San Bernardino Enterprise Zone. (more…)
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Perhaps you’ve heard? Last week, the California Senate approved Senate Bill 974, which proposes to make some significant changes to California’s enterprise zone program.
Before getting into the details, let me state that we oppose this bill. We’re urging our clients and friends in California to write their California assemble member, asking them to oppose it in the State Assembly. Watch for a follow up post with some analysis by Craig Johnson, President of the California Association of Enterprise Zones. (more…)
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Perhaps you remember a post with a very similar title from March of this year? On March 5, 2010, the Department of Labor published TRAINING AND EMPLOYMENT GUIDANCE LETTER NO. 03-09, Change 2, which purported to be
Final Guidance to State Workforce Agencies (SWAs) and Employers for the Implementation of the Two American Recovery and Reinvestment Act (ARRA) of 2009 Work Opportunity Tax Credit (WOTC) Target Groups Requirements
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Posted by Art Marroquin Staff Writer of the DailyBreeze.com. Click here to go to the entire article. A few summary quotes follow below.
Hoping to spur job creation near Los Angeles International Airport, officials on Monday announced the creation of an enterprise zone offering economic incentives to businesses in the area.
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U.S. Senator max Baucus (D-Montana), introduced a bill today to provide a federal tax credit to employers that hire U.S. military veterans, including those who were activated by their states as National Guard members. Similar to the WOTC, the bill simplifies (apparently by replacement) some of the WOTC’s veteran provisions. Congressman Tim Walz (DFL-Minnesota) introduced an identical bill in the U.S. House of Representatives. (more…)
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Hot off the IRS Newswire!
Today, the IRS issued a new Form 941, especially revised to accommodate the HIRE Act’s 2010 payroll tax exemption program. For more information about the payroll tax exemption, see my previous posts right here on the WOTCPlanet.com. Click here for a collection of posts on this topic. (more…)
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I received a call yesterday from a very nice Human Resources Manager asking about the HIRE Act’s Payroll Tax Exemption’s “family member” restriction. Employers can not claim the payroll tax exemption for wages paid to members of the employer’s family. Sounds simple, but exactly whose family members are restricted? Let’s explore this issue a little.
On the IRS website, in response to the question “Who are eligible employees?” the IRS responds:
Qualified employees are individuals who begin employment with a qualified employer after February 3, 2010, and before January 1, 2011, who have been unemployed or employed for less than 40 hours during the 60-day period ending on the date such employment begins, and who are not family members of or related in certain other ways to the employer.
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Additional answers to Frequently Asked Questions (FAQs) about the HIRE Act’s 2010 Payroll Tax Exemption (PTE) have been published on the IRS website. Of particular interest should be the expanded FAQs about how to claim the PTE, including a new code on the form W-2 for employees whose wages are claimed under the program (see FAQ#25).
Oh, what the hey. I’ll just copy a load of them here for your convenience. (more…)
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I pulled the title of this post from an article today by Jay Prag, a professor of economics and finance at the Peter F. Drucker School of Management in Claremont. His opinion piece was published Thursday in the Capitol Weekly: The Newspaper of California Government and Politics. (more…)
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