The standard for determining who’s a joint employer has changed, due to a final rule from the National Labor Relations Board (NLRB). The current NLRB rule, put in place in 2020 under the Trump administration, says that businesses will be…
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Movie buffs recall the motto of the arrogant but successful salesman in Glengarry Glen Ross - "Always be closing." Simple as ABC. Right? When it comes to keeping customers satisfied and on-board in a recessionary environment, a better adage for…
Artificial intelligence (AI) regulations are coming soon from federal rulemaking agencies. President Biden signed an executive order (EO) that focuses largely on national security risks, but also potential dangers to large segments of the labor market. Early returns show companies…
Confirming when federal legal and banking holidays will occur in 2024 can help you avoid surprises on paydays, tax deposit due dates and reporting deadlines. Of course, state and local dates are key, too. Finally, adding employer-provided paid holidays into…
Because of the American Rescue Plan of 2021, more companies and gig workers will be receiving Form 1099-K, Payment Card and Third Party Network Transactions, starting with tax year 2023. If you received gross payment transactions totaling more than $600…
Companies are having more trouble than ever finding good candidates to fill open positions. The last thing employers want to do is waste time on job candidates who may not be all they claim. The good news: There are some…
Consumers aren't the only ones getting squeezed by credit card companies and their astronomically high interest rates. Business owners can't catch much of a break either. NerdWallet's rankings of the top cards for small business owners and entrepreneurs feature annual…
The U.S. Small Business Administration (SBA) may be the best option for securing a loan these days. Prohibitive interest rates and tighter credit limits by banks are squeezing many small-to-mid-sized businesses in need of capital. As of this past September…
Fall is the crunch-time season for unclaimed property reporting and escheatment. The states with approaching deadlines are almost as numerous as the leaves falling this time of year. The majority of them are either October 31 or November 1. In…
The cost of being a federal contractor is going up for 2024 due to a minimum wage increase. There's legal pushback in some parts of the country, though. The Department of Labor (DOL) released two notices on September 28, 2023,…
The Federal Trade Commission (FTC) just widened its crackdown of so-called junk fees that mislead the buying public. A proposed rule would prohibit businesses from adding "hidden and bogus fees that can harm consumers and undercut honest businesses." The FTC…
"Ghosting" isn't just a phenomenon in the dating world. Credit departments are increasingly being ghosted by customers who may be struggling to pay multiple creditors. In some cases, these "disappearing act" clients were granted credit extensions by businesses. Failure to…
