The Internal Revenue Service announced that it is opening a supplemental claim process to help third-party payers and their clients resolve incorrect claims for the Employee Retention Credit. Currently, third-party payers report and pay clients’ federal employment taxes under the third-party payer’s Employer Identification Number.
Workplace retention and employee satisfaction go hand in hand, with 77 percent of workers more likely to stay with an employer if they were satisfied with the company’s organizational culture.
The building industry has struggled with building trades recruitment and retention issues for more than a decade. The aging construction workforce, lack of skilled trades instruction in schools and stiff competition for workers have all contributed to the issue.
Completed this past summer, the sprawling new FedEx Ground Distribution Hub in Middletown, Connecticut, by many measures, qualifies as one the state’s all-time largest construction projects.