IRS announces max dollar amount for excepted benefit HRAs
In a Revenue Procedure, the IRS recently provided information regarding the inflation-adjusted maximum dollar amount that may be made for excepted benefit Health Reimbursement Arrangements (HRAs) or other account-based group health plans next year. … [Continue reading]
Inventory management is especially important this year
As year-end draws near, many businesses will be not only be generating their fourth quarter financial statements, but also looking back on the entire year’s financials. And what a year it’s been. The COVID-19 pandemic and resulting economic fallout … [Continue reading]
2020 – 10/15 – How much Americans are spending on Halloween this year
Employers, don’t overlook invisible disabilities
When encountering the phrase “employee with a disability,” you might immediately envision a person with an obvious physical impairment. Even the internationally used symbol for accessible areas is a human being in a wheelchair.However, many … [Continue reading]
Reviewing your disaster plan in a tumultuous year
It’s been a year like no other. The sudden impact of the COVID-19 pandemic in March forced every business owner — ready or not — to execute his or her disaster response plan.So, how did yours do? Although it may still be a little early to do a … [Continue reading]
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