Tag: IRS
Tricky Tax Angles to Fringe Benefits
December 27, 2022
Competition for top-notch workers can be fierce. Your business currently may be understaffed due to a number of factors —...
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Company issuing stock as part of a bonus?
December 1, 2022
Equity-based compensation often is associated with startup companies. But businesses in a cash crunch also might consider such awards in...
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Employee or Independent Contractor?
November 23, 2022
Sometimes, the IRS and employers clash over the classification of workers as independent contractors or employees. And no wonder: The...
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IRS Explains the Differences Between Tips and Service Charges
November 9, 2022
Employers in the restaurant, hotel, casino and other service industries must comply with laws associated with tips, including the Fair Labor...
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2023 Health FSA Contribution Cap Rises to $3,050
October 24, 2022
Incorporate benefits adjustments into open enrollment platforms and materials Employees can put an extra $200 into their health care flexible...
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Inflation Reduction Act’s Health Care Provisions Could Affect Employers
August 16, 2022
Drug coverage and marketplace subsidies could put additional pressure on employer plans. The climate spending and tax legislation President Joe...
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Top 10 Mistakes in Handling I-9 Forms
August 15, 2022
Internal I-9 audits should result in documented changes in practices, not just corrections to the forms, according to Mira Mdivani,...
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Health Insurance ‘Knowledge Gap’ Is Wide as Open Enrollment Approaches
August 12, 2022
As annual open enrollment season approaches, many workers in the U.S. misunderstand basic facts about health insurance and remain unsure...
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DHS Proposal on Virtual I-9 Review Is Near
June 22, 2022
The Department of Homeland Security (DHS) announced it plans to issue a proposed rule this month allowing virtual document examination...
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Opening the Door to Home Office Deductions
June 18, 2022
Are you a business owner working from home as a sole proprietor or an entrepreneur with a home-based side gig?...
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