Is your business hiring? Many companies are — in fact, an employment report released by the U.S. Department of Labor earlier this month revealed that nonfarm payrolls increased by 390,000 in May, and the unemployment rate held steady at 3.6%.As the … [Read more...]
2022 – 06/16 – Your new boat or RV may offer tax advantages
What are the typical steps in a DOL audit?
Many popular retirement and health care plans must comply with the Employee Retirement Income Security Act (ERISA). Employers that sponsor one could one day receive a request from the U.S. Department of Labor (DOL) for plan-related documents. Such a … [Read more...]
Checking in on your accounts payable processes
Accounts payable is a critical area of concern for every business. However, as a back-office function, it doesn’t always get the attention it deserves. Once in place, accounts payable processes tend to get taken for granted. Following are some tips … [Read more...]
2022 – 06/09 – Retirement savings: three problems, one solution
IRS offers tax relief for leave-sharing programs
Under a leave-sharing program, employees can elect to forgo vacation, sick or personal leave in exchange for cash payments made by their employers to qualifying charitable organizations. These arrangements have been around for a while, but they’ve … [Read more...]
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