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October 21,  2019

Alicia, Founder & CEO

Competition: It only makes us better
 
 
It comes at us from every direction, and even when it surprises, hitting it head-on and looking at it straight in the eye is how successful business owners, more often than not, continue to grow. 
 
And competition isn’t so bad. It makes us leaner, it makes us cleaner, and the trick is to not let it make us meaner, but instead use it to make us better. And that’s where we grow together – your business and mine. 
 
Your biggest challenge right now is people. And we understand that. In today’s economy, with the unemployment rates so low, your job applicants are highly sought after by not only your direct competitors, but retail, home health care and – I read this week – Uber Eats. 
 
At TRUST, we get it isn’t a “one size fits all” process, and most of the time it’s not an “only one process that works.”
 
Options – that is how we help you compete. We support you by providing options.
 
Helping you build an employee roster that protects your bottom line is our focus as we consider what business partners to work with and what services to provide. With your employees being one of the support of your three-legged stool, it is our job as the third support to help you with them.
 
As we start gearing up for the holidays – and it does pain me to write that because the holidays come faster and faster each year – a laser focus on hiring is how we want to support you ending out your October. 

October 2019 TRUST Consulting Group Newsletter

All-In-One

Staffing and the rising wages are the biggest challenge your hiring team faces, according to National Restaurant News.
 
Both are likely here to stay, so creative strategies for working around and resolving these two intertwined issues is what successful restaurant managers are focusing on.
 
That’s where TRUST Consulting Group can help you and your team.
 
One phone number and one company providing  multiple services along the hiring process, customized for your organizations’ needs. That’s what efficiency is.
 
At TRUST, we want to manage as many steps in the hiring process that makes sense for you, while adding money to the bottom line through WOTC management.
 
One of our focuses for doing so is offering an all-in-one platform for your hiring process:
  • We help you find employees.
  • Applying online is easy for potential hires with a simplified, online application process.
  • Capture applicant information immediately with our text-to-apply option.
  • Efficient and easy-to-use onBoarding process gets new hires on the schedule faster.
  • Leverage efficiency and simplicity to maximize your Work Opportunity Tax Credit.
  • Add in eVerify for peace of mind.
  • Find out who your new hires are through background checks.
  • Proactively address retention through reviews and exit interviews. 
  • Other services include custom forms for individual process for your company, food handlers courses and ACA management.
  • Our goal is to eliminate paper and improve efficiencies for your entire hiring process.
 

TRUST is your one-stop shop for hiring: from hiring to retention management, TRUST has answers for your company’s hiring needs.

W-4s are in the News

IRS, Treasury unveil proposed W-4 design for 2020:
 

WASHINGTON – Today the Internal Revenue Service issued a draft of the 2020 Form W-4, Employee’s Withholding Allowance Certificate (PDF), that will make accurate withholding easier for employees starting next year.

The revised form implements changes made following the 2017 Tax Cuts and Jobs Act, which made major revisions affecting taxpayer withholding. The redesigned Form W-4 no longer uses the concept of withholding allowances, which was previously tied to the amount of the personal exemption. Due to changes in the law, personal exemptions are currently not a central feature of the tax code.

“The new draft Form W-4 reflects important feedback from the payroll community and others in the tax community,” said IRS Commissioner Chuck Rettig. “The primary goals of the new design are to provide simplicity, accuracy and privacy for employees while minimizing burden for employers and payroll processors.”

The IRS and Treasury collected extensive feedback over the past year while working closely with the payroll and tax community to develop a redesign that best serves taxpayers.

The IRS expects to release a near-final draft of the 2020 Form W-4 in mid-to-late July to give employers and payroll processors the tools they need to update systems before the final version of the form is released in November. To make additional improvements to this initial draft for 2020, the IRS is now accepting comments for 30 days.  To facilitate review of this form, IRS is also releasing FAQs about the new design.

The IRS anticipates the related instructions for employers will be released in the next few weeks for comment as well.

The IRS reminds taxpayers that this draft Form W-4 is not for current use, but is a draft of the form to be used starting in 2020. Employees who have submitted a Form W-4 in any year before 2020 will not be required to submit a new form merely because of the redesign. Employers can continue to compute withholding based on the information from the employee’s most recently submitted Form W-4.

For 2019, taxpayers should continue using the current Form W-4 (PDF). The IRS also continues to encourage people to do a Paycheck Checkup as soon as possible to see if they are withholding the right amount of tax from their paychecks, particularly if they had too much or too little tax withheld when they filed their 2018 taxes earlier this year. People with major life changes, such as a marriage or a new child, should also check their withholding.

The IRS cannot respond individually to those who submit comments, but the agency does appreciate the feedback and will consider all comments received.

eVerify

eVerify helps employers hire with confidence. Our team at TRUST is trained on how to eVerify your employees for a lower ROI than it would cost your team to manage the process. The process is simple – we verify eligibility from documents used with I9s. More the 95 percent of the time, your new hire receives a ‘Congratulations and you’re on your way.’ However, if the system returns a “not authorized” message, we then work with your hiring managers to determine next steps – maybe a SSN was typed in incorrectly, for example. For more information about eVerify, please contact roel@trustconsultinggroup.com for more information.

Training Spotlight

Manage your own Users

We have implemented an update to allow our Client Master users to manage your own users. This means you will be able to add new users, determine who gets email notifications and what location(s) your users have access to. Please click here to download the instructions. 
TRUST Survey

We would like your input on the entire onBoarding process of new hires – from identifying potential employees to our onBoarding process to future integrations with our onBoarding process. Please click here to answer our six-question survey.

Legislative Update: DCR, Native American Credits and WOTC

The designated community resident credit and the Native American credit are still in a holding pattern with little or no movement in Congress since our July update.

 
The tax extenders bill, approving 2017 and 2018 tax credits, were not included in the announced agreement on budget caps and raising the debt limit on July 24th.
 
The Senate Finance Committee is to debate its own version of tax extensions in September.
 
The House Ways and Means Committee approved its version of tax extenders June 30th.
 

What You May Have Missed?

  • Follow us on Facebook to see what were up to!
  • Check out ‘The Restaurant Warrior’ for up-to-date news in the fast food service industry.
  • Want to know more about how our onBoarding process stands out from the rest? Check out our Insights page to learn more.

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