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Technology Drivers for IT Services (past, present and future)

Technology Drivers for IT Services (past, present and future) Chuck Rehberg, CTO, Trigent Software Inc Chuck Rehberg, CTO, Trigent Software Inc There are technologies that opened up IT Services, technologies that fuel it today, and technologies that will drive new models of IT Services in the future. This article is my POV informed by the past 20 years of outsourced IT Services. A successful IT services company today must stay alert and choose wisely Change on a global scale We are living in an age of accelerating change. At the heart of this change are economic forces driving the adoption of new and ever-changing technology. Increasingly, changes in technology give rise to new economic opportunities.

Where did you work remotely during the pandemic? It matters for taxes

Where did you work remotely during the pandemic? It matters for taxes
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Tax shocker awaits remote workers who hit the road

Where did you work remotely during COVID-19 pandemic? It may affect your taxes Susan Tompor, Detroit Free Press © Susan Tompor, Detroit Free Press Some people are filing taxes early in 2021 in order to claim as much stimulus cash upfront, if a third stimulus payment is issued. Tax business window in Marine City, Michigan. Many people who suddenly ended up working remotely during the pandemic in 2020 found themselves plopped at their kitchen table in front of a laptop. Popular Searches So what happens now at tax time?  Working remotely in another state may and often does subject the individual to tax in that state, said James O’Rilley, CPA and tax director for Doeren Mayhew in Troy. 

President to Sign Consolidated Appropriations Act that Includes $900 Billion for COVID-19 Relief | BakerHostetler

A. Employee Retention Tax Credit The CAA extends, increases, and amends the CARES Act’s Employee Retention Tax Credit (ERTC). Most significantly, the CAA extends the ERTC for qualified wages paid through June 30, 2021, (from Dec. 31, 2020, in the CARES Act) and increases the credit base to 70% of such wages (from 50% in the CARES Act). The CAA also increases the ERTC base to $10,000 of qualified wages per employee per calendar quarter (from $10,000 per employee in the aggregate under the CARES Act). Eligible employers may also seek advance payment of the ERTC for any calendar quarter. Advance payments are generally estimated based on average quarterly wages from 2019.

OPINION: No One Wants a Surprise Tax Bill Under the Tree

The complicated tax situation facing mobile workers has been an issue in need of a solution for a while now, but the urgency to address it has grown exponentially during the pandemic. As everyone knows, medical professionals from around the country have traveled to hard-hit areas this year to help hospitals deal with the influx of COVID cases. But what many people don’t realize is that these medical professionals – like other mobile workers – are likely to face a complicated tax situation as a result. Like most Americans, mobile workers’ income is subject to taxation in the state in which their permanent home is located, but any income they earned in a state other than their state of residence is also subject to taxation in the state in which they earned it. For example, a worker who lives and works in Minnesota gets taxed in Minnesota. In certain situations, she can also be taxed on the income she earns in Wisconsin and Iowa if she travels there for work.

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