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TC Services USA achieves SOC 2 Type II Compliance Certification

TC Services USA Inc. is proud to announce that it has achieved SOC 2 Type II compliance in accordance with American Institute of Certified Public Accountants (AICPA) standards for SOC for Service Organizations also known as SSAE 18. Achieving this standard with an unqualified opinion serves as third-party industry validation

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Is Double-Dipping Allowed on ERC, WOTC, and PPP Loan Wages?

Many clients are asking us:  May I use the same payroll for PPP forgiveness, the ERC, FFCRA, and WOTC? Although there is no IRS rule prohibiting you from using the same pay period’s payroll for each of these credit and relief options, your organization must separate and specify which payroll

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Rep. Delgado Reintroduces Bipartisan Military Spouse Hiring Act – WOTC

Press Release From US Congressman Antonio Delgado: RHINEBECK, NY – Today, U.S. Representative Antonio Delgado (NY-19), along with Reps. Jimmy Panetta (CA-20), Don Beyer (VA-08), Mike Kelly (PA-16), Cathy McMorris Rodgers (WA-05), and Don Bacon (NE-02) reintroduced the Military Spouse Hiring Act, bipartisan legislation that incentivizes employers to hire spouses of

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REPS. SUOZZI, HORSFORD, BEYER, SCHNEIDER, MOORE INTRODUCE LEGISLATION TO HELP DISADVANTAGED POPULATIONS GET BACK TO WORK

Press Release: Legislation would Increase the Amount of the Work Opportunity Tax Credit, a proven tax credit that helps disadvantaged groups find jobs. Today, Representatives Tom Suozzi (D-NY), Steven Horsford (D-NV), Don Beyer (D-VA), Brad Schneider (D-IL), and Gwen Moore (D-WI) introduced legislation that would increase the amount of the

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WOTC Extended For 5 Years! Great News for Employers!

The Omnibus Spending Bill has now been signed into law finalizing a five-year extension of the Work Opportunity Tax Credit (WOTC) program. The new expiration date for the program is December 31, 2025. The bill also extended the Federal Empowerment Zone program (FEZ) for 5 years, and the Indian Employment

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WOTC 28-Day Deadline Extended Due To Covid-19

The Department of the Treasury and the Internal Revenue Service (IRS) recently issued Notice 2020-23. In addition to other relief, the notice extends the due date for certain time sensitive acts specified in Revenue Procedure 2018-58, 2018-50 IRB 990. Under the notice, a time sensitive act due to be performed

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IRS ISSUES GUIDANCE ON JULY 15 TAX DEADLINE

As a result of the COVID-19 Pandemic, the treasury is moving Tax Day from April 15, 2020 to July 15, 2020. The IRS just released Notice 2020-18 providing additional details of this postponement, which: 1) Automatically postpones the due date for affected taxpayers with returns or making payments due April

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