Most employers today are expected to provide a retirement savings plan for their employees. For many years, this expectation involved little more than offering up the plan itself. However, today’s employees appear to want a little more — and there … [Read more...]
Some businesses may have an easier path to financial statements
There’s no getting around the fact that accurate financial statements are imperative for every business. Publicly held companies are required to not only issue them, but also have them audited by an independent CPA. Audited financial statements … [Read more...]
Survey says: Job candidates want an efficient, empathetic hiring process
The labor market has largely stabilized after the great changes imposed upon it by the pandemic and aftermath thereof. But that doesn’t mean employers should put their hiring processes on cruise control and assume optimal job candidates will be … [Read more...]
Is your business subject to the new BOI reporting rules?
The Corporate Transparency Act (CTA) was signed into law to fight crimes commonly associated with illegal business activities such as terrorist financing and money laundering. If your business can be defined as a “reporting company” under the CTA, … [Read more...]
What businesses can expect from a DOL benefits plan audit
All but the smallest businesses today are generally expected to offer employees “big picture” benefits such as health insurance and a retirement plan. Among the risks of doing so is that many popular plan types must comply with the Employee … [Read more...]
5 ways employers can better manage unemployment taxes and benefits
The Federal Unemployment Tax Act (FUTA) requires employers to pay taxes based on their employees’ wages. In turn, these taxes fund federal unemployment benefits for eligible workers.As an employer, if you have at least one employee who works at least … [Read more...]
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