and manages residential apartment buildings. REITs are subject to special requirements detailed in provisions of the Internal Revenue Tax Code. Having recently acquired a complex real- estate partnership
14. The worker is considered an employee of the firm or the client for tax purposes (i.e., the entity withholds federal, state and Social Security taxes).
15. The firm or the client can discharge
and not paying employer taxes. In addition, the suit contends that according to second-hand sources the PEO was resold to another company. Neither a spokesman for Mirabilis nor Amodeo, a former investor
that the difference between the bill rate - which staffing companies consider confidential - and their pay is all profit for the company, when in reality much of it goes to employment taxes, liability insurance
of living. They may need to continue to contribute to tax-deferred retirement plans, for which they incur penalties if they retire early. Supplemental health insurance and elder care benefits will become
quarter of 2006 from $2.7 million in the same period last year. The company said the fourth quarter net income included a tax benefit of about $3 million from the full reversal of the remaining valuation
technology, acquired BF Consultants Inc. of Irvine CA for an undisclosed sum. BF is an accounting, finance and tax consultancy.
One to watch
Cincinnati-based Resolve Staffing Inc. made three acquisitions