by Steven | Nov 30, 2020 | COVID-19, Tax Articles
Throughout 2020, the IRS has struggled to keep up with the manual process of opening US postal mail. As the pandemic took hold, the IRS sent workers home. The offices remained shutdown for most of the spring. With no one on site to perform administrative tasks,...
by Steven | Oct 2, 2017 | Blog, Tax Articles
When it comes to benefit administration, Section 125 Plans can be a challenge for some employers to understand. Essentially, these plans offer employees the option to change their taxable salary into non-taxable benefits before any taxes are removed from their...
by Steven | Sep 4, 2017 | Blog, Tax Articles
Although Consumer-Driven Health Care Plans have been around for a while as an option for employee benefits, many employers don’t fully understand how they work. CDHPs were designed to help small to medium-sized employers pay for health care benefits for their...
by Steven | Apr 3, 2017 | Announcements, Human Resource Articles, Tax Articles
The Minimum Wage rates are scheduled to increase each year on 12/31 until they reach $15.00 per hour. Employers must post a Minimum Wage Information poster in their establishment. General Minimum Wage Rate Schedule Location 12/31/16 12/31/17 12/31/18 12/31/19 12/31/20...
by Steven | Apr 3, 2017 | Announcements, Tax Articles
IRS Notice 2017-23, provides guidance on a new provision explaining how eligible small businesses can take advantage of a new option enabling them to apply part or all of their research credit against their payroll tax liability, instead of their income tax liability....
by Steven | Jan 10, 2017 | Announcements, Tax Articles
Federal law gives a tax credit to eligible small employers who provide health care coverage to their employees. Questions and answers provide information on the credit for tax years beginning in 2014. For additional information, refer to...