October 20, 2016
Many businesses have no idea what is ahead as it relates to DOL enforcement and how the IRS will be involved. Some may have heard of ACA, but most know it as "Obamacare". Some have heard about new regulations on overtime, but have no idea that they are impacted. Most businesses know there are issues with contractor vs. employee rules, but have no idea of how it applies to them and that the cost of mistakes is growing and why it is a bigger enforcement issue now than in the past. All of these areas fall in the enforcement side of both the DOL and IRS.
It is much better to find out now and be proactive than to sit and wait for an action. We will host a presentation on October 27th to hear from Ross Carmichael with Higginbotham Insurance Group. Ross is a former DOL investigator and heads up Higginbotham's compliance team. We have worked with Ross and Higginbotham for a number of years and find them to be a great resource when it comes to employee benefits compliance. Just email us and we will send you more information on the presentation.
Having a remote workforce can be challenging, especially if you are trying to build a positive, collaborative work environment. So, how do you create a sense of comradery when you have staff in remote locations? These tips can help:
If you are expecting a refund this year, you may be tempted to splurge on something not-so-practical. Before you do, take some time to think about ways to use your refund to bolster your financial health. We’ve put together a few ideas for you to consider:
Once your taxes have been filed, first, take a moment to breathe a big sigh of relief…and then enjoy some Tax Day (April 15, 2019) discounts. There’s nothing like a good deal to take the sting out of tax obligations. Below, we’ve compiled a short list of best food and drink deals, taken from offer.com.