WASHINGTON – The IRS is refunding a total of $10 million to thousands of tax preparers who paid to take a competency test. A federal court struck down IRS regulations in 2013 that sought to require some tax preparers to get training and take a test. An appellate court upheld the ruling last year, saying the IRS lacked the legal authority to mandate the testing. The IRS said about 89,000 …Read More
TaxTalent, a leadership development company, surveyed 356 middle-market and large companies and found 69 percent of those polled said they would be hiring more people for their tax departments, a 28 percent increase from hiring data in 2014. Contributing factors behind the increased hiring include stronger economic growth, acceleration of retirements by Baby Boomers, and unexpected turnover. posted By Michael Cohn; Click Here for article.
EMPLOYERS NEED TO START JOB SEARCHES SOONER With the economy adding jobs at the fastest clip since the depression began eight years, it’s taking longer and longer to fill vacancies. In January, the national average was almost 26 working days, an increase of 3.5 days in the 12 months from the previous January. Read More…
Firms Are Moving to Value Pricing over Hourly Billing. Here’s a quick explanation of the difference between the two. The thing that differentiates a value-pricing business model from an hourly billing model is value pricing starts with the client and works backwards. This method also allows for offering the client options. This doesn’t mean that you quote a range to your client. It means giving clients silver, gold and platinum (or …Read More
Industry consultant G.Palmer & Associates has a bold, and aggressive forecast for the staffing industry: temp help in this first quarter will surge by 10.5%. “Our forecast for the 2015 first quarter follows recent trends demonstrating growth and indicating another increase in demand for temporary workers, marking the 20th consecutive quarter of year-over-year increases,” said Greg Palmer, founder and managing director of of the staffing industry consultancy.. The predeicted year-over-year growth …Read More