Since remote and hybrid work became normal for many companies, some workers are complaining that their employers should pay for work-from-home expenses, such as internet and electricity costs, printers and office supplies. A few employees are even suing their employers…
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Although IRS hasn't yet issued final regs giving you extra time to distribute Forms 1095-C to employees, employers can be confident about the deadline. That's because of a statement IRS made in the proposed regs, released December 6, 2021. First…
Whether speaking to a group of employees or a room full of industry peers, there's always room for assessing one's skills and improving on what's improvable. Just don't count on others to tell you the truth about your public speaking…
The federal Work Opportunity Tax Credit (WOTC) could be a boost to your bottom line - a one-time credit up to $9,600 per qualified new hire. To be eligible for a WOTC, employers need to hire workers that qualify as…
Since about 80% of all your company's transactions go through A/P, if a totally paperless A/P department is one of your goals for 2023, robust controls to prevent waste and misuse of company funds will be essential. That's because according…
The IRS is warning small businesses once again - cybercriminals are seeking your companies' financial information any way they can. Often it's by targeting the "weak link" in your organization who opens an email despite being trained over and over…
Rising interest rates across the board have been a fact of life lately. Therefore, it should be no surprise that the Service announced more interest rate bumps for Q1 2023 in Rev. Ruling 2022-23. Effective January 1, 2023, the new…
You've had a choice about whether to use the redesigned Form W-4P and new Form W-4R during 2022, but the withholding forms won't be optional much longer. The draft version of Publication 15-T, Federal Income Tax Withholding Methods, states that…
The predicted "red wave" for the midterm elections didn't pan out. But the Republican-majority House can derail some of President Biden's initiatives. One of them is the ever-expanding Environmental, Social and Governance (ESG) movement and specifically a proposed Securities Exchange…
Cybersecurity - protecting sensitive corporate and customer data from falling into the hands of criminals - is vital to your organization's success. Lately the feds have been cracking down on disruptive ransomware thieves and info sellers on the dark web,…
Catching investment and retirement fund fraudsters is a never-ending job. So here's some good news: Enforcement by the feds is on the upswing, with more wrongdoers going to jail and victims being compensated for their losses. Enforcement by the the…
Thanks to a final rule issued November 22 by the U.S. Department of Labor (DOL), ESG retirement investment restrictions put in place back in 2020 by the Trump administration are being lifted. ESG stands for environmental, social and governance. Because…
