Former AlphaStaff CEO Starkman Launches Engage PEO

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Former AlphaStaff CEO Starkman Launches Engage PEO

Jay Starkman, who led professional employer organization AlphaStaff to explosive growth, is at it again with a new company in the same field.

He launched Engage PEO in October with offices in Fort Lauderdale and St. Petersburg after raising $5 million from private investors.

Engage currently has 10 employees, and plans to go live handling HR functions and employees for clients in January. Starkman hopes to expand to 28 employees by the end of 2012, and 42 to close 2013.

“In five years, AlphaStaff grew by 45,000 worksite employees,” Starkman said, referring to the number of employees it handled for ...

-- South Florida Business Journal by Brian Bandell, Senior Reporter
   Date: Friday, December 2, 2011, 6:00am EST

 

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Good News For PEO Clients Eligible for the 20% Pass-Through Deduction

The Treasury Department and IRS issued formal guidance today clarifying that being a client of a PEO does not affect the eligibility of pass-through entities for the 20 percent tax deduction in Section 199A of the tax code.

The tax reform bill passed at the end of 2017 created Section 199A—allowing taxpayers to deduct the "combined qualified business income amount" from a pass-through entity in an amount up to 20 percent of the taxpayer’s taxable income.

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