Avoid penalties: Electronic workplace posters belong in the ‘break room,’ not the ‘custodial closet’ It’ll cost more in 2023 if you don’t display the required workplace posters. To complicate matters, electronic postings may be allowed, or even required. Back before the rise of remote and hybrid workforces, the Department of Labor (DOL) released guidance on [...]
It’s estimated that 1 in 4 Americans do not have ANY retirement savings¹. To help get more US workers to start saving, states and the federal government have created legislation aimed at getting retirement programs in place and helping pave a way for businesses to start their own retirement plans. We recently held an educational webinar with our [...]
IRS Tax Tip 2023-15 Whether someone travels for work once a year or once a month, figuring out travel expense tax write-offs might seem confusing. The IRS has information to help all business travelers properly claim these valuable deductions. Here are some tax details all business travelers should know Business travel deductions are available when employees [...]
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 belonging to a group of people that face significant barriers to employment, such as: unemployed [...]
