Tax Talk
News and Information about tax credits and incentives.
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The Impact of Tax Law Changes on Staffing Firms and How to Adapt
Tax law changes impact your staffing firm. Examples in 2024 include proposed amendments to corporate tax rates, alterations in tax deductions and credits, and changes
Future-Proofing Your Business with Tax Credits
Are you using tax credits to future-proof your staffing firm? Reducing your firm’s taxable income helps build resilience and support long-term success. Strategic planning and
Understanding the Empowerment Zone Employment Credit (EZEC)
An Empowerment Zone is a specific geographic area with high unemployment levels and poverty. Staffing agencies within these Zones are incentivized to employ residents and
Processing Tax Credits: Common Mistakes Staffing Firms Should Avoid
Many staffing firms qualify for tax credits. For instance, the Work Opportunity Tax Credit (WOTC) is a federal tax credit available to employers who recruit
State vs. Federal Tax Credits: Which Benefits Staffing Firms More?
Staffing firms might qualify for federal or state tax credits. Understanding which tax credits benefit staffing firms more helps determine which ones to apply for.
How AI and Automation Are Revolutionizing Tax Consulting
Artificial intelligence (AI) and automation are revolutionizing tax consulting within the staffing industry. These technologies enhance accuracy, streamline tax credit management, and reduce the time