The COVID-19 pandemic and resulting economic impact have hurt many companies, especially small businesses. However, for others, the jarring challenges this year have created opportunities and accelerated changes that were probably going to occur all … [Read more...]
What is “transparency” of health care coverage?
Many employers, particularly large companies, pride themselves on being transparent about how and with whom they do business. The term “transparency,” however, isn’t limited to this widely discussed and debated topic. It also applies to group health … [Read more...]
Family business owners must weave together succession and estate planning
It’s been estimated that there are roughly 5 million family-owned businesses in the United States. Annually, these companies make substantial contributions to both employment figures and the gross domestic product. If you own a family business, one … [Read more...]
2021 COLAs for popular fringe benefits
The IRS recently released 2021 cost-of-living adjustments (COLAs) for a wide variety of tax-related limits, including those related to many popular fringe benefits. Here are some highlights to be aware of:Health Flexible Spending Accounts (FSAs). For … [Read more...]
Lessons of 2020: Change management
The year 2020 has taught businesses many lessons. The sudden onset of the COVID-19 pandemic followed by drastic changes to the economy have forced companies to alter the size of their workforces, restructure work environments and revise sales models … [Read more...]
2020 – 11/12 – Valuing a pandemic-scarred business
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