As you’re probably aware, President Trump signed an executive memorandum on August 8 creating a payroll tax deferral. The development has brought with it much uncertainty regarding administrative compliance and the long-term impact of this … [Read more...]
2020 – 09/03 – What percentage of voters rank the economy as their top issue?
ESOPs offer businesses a variety of potential benefits
Wouldn’t it be great if your employees worked as if they owned the company? An employee stock ownership plan (ESOP) could make this a reality.Under an ESOP, employee participants take part ownership of the business through a retirement savings … [Read more...]
2020 – 08/27 – Who got Paycheck Protection Program loans and for how much?
How qualified retirement plan rules affect COVID-19-related layoffs and rehires
Has your organization laid off employees this year because of the COVID-19 pandemic, but you plan to rehire some of them before the end of 2020? Or maybe you already have? If so, and you offer a qualified retirement plan, the IRS recently issued an … [Read more...]
2020 – 08/20 – Do you need umbrella insurance?
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