Staffing Companies
Since 1982, Williams Benator & Libby has provided auditing, accounting and consulting services to the staffing industry. Managing Partner Bruce Benator and Tax Partner Kevin Hedrick direct the staffing service practice, which specializes in serving midsize companies in this distinct industry. We are informed on the latest changes in tax issues which may impact our clients' success. Bruce and Kevin are knowledgeable regarding the business challenges in this industry and maintain benchmark data useful in analyzing financial results. Our team has performed numerous due diligence projects and consulted on many M&A transactions in this specialty practice.
Our firm is dedicated to providing our clients with options and solutions rather than just highlighting obstacles. We provide the following services for staffing companies:
- Assurance Services (Audits, Reviews and Compilations)
- Federal, State and Local Income Tax Planning and Compliance Services
- Accounting Systems and Internal Control Consulting
- Sales Tax Consulting
- Mergers & Acquisition Consulting
- Due Diligence Services
- Tax and Compliance Services
- Overall Business Consulting and Benchmarking
2010 Hiring Incentive Tax Act Briefing
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News Room >> Media Releases 2010
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We thought this follow up briefing would be helpful in addressing additional questions we have been receiving about the recently-passed Tax Act on hiring incentives. Called the Hiring Incentives to Restore Employment (HIRE) Act, this legislation creates an immediate incentive for businesses to hire unemployed individuals. It also extended…
Partner Kevin Hedrick Teaching Workshop at ASA Las Vegas Convention
Proactively Manage State Unemployment Tax Increases
Staffing World Expo 2010 / Las Vegas, NV
Wednesday, October 13th, 2010, 2:00 p.m. – 3:15 p.m.
Kevin Hedrick, Partner, Williams Benator & Libby, LLP
Steve Carter, Senior Manager, Government Relations, TALX Corp.
Federal unemployment insurance taxes will increase from $38 billion in 2009 to $75 billion in 2013, according to the Congressional Budget Office, and thereafter annual UI taxes will range from $78 billion to $84 billion through 2020. Moreover, as states face tremendous pressure to repay federal funds they borrowed to keep their UI programs solvent during the recession, many will raise their state UI taxes over the next several years.
Staffing industry executives must understand short and long term UI trends, how those trends might affect pricing as well as business plans, and how to effectively communicate with clients about the implications of UI tax increases. In this workshop, Hedrick and Carter will provide an update on UI, including how the extension of federal benefits could affect the staffing industry. They will also describe steps your company can take immediately to manage UI tax bills for the rest of 2010 and into 2011, and they’ll share tools you can use to engage clients in addressing the increased costs of UI. Hedrick and Carter will also discuss concerns about the next two years and where they see long-term issues emerging.
