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.
Our most precious commodity is time—and our attention is a close second. That’s why everyone can use some help on how to tune out daily distractions. We compiled the following helpful tips from copyblogger.com to get you started on dialing down distractions:
The April 15 filing deadline is rapidly approaching, so we encourage you to send us your tax documentation as soon as possible to expedite the filing process. Here are four important reasons why you should file your return sooner rather than later:
This tax season is an important one for many business owners because it’s the first that will be impacted by the Tax Cuts and Jobs Act (TCJA). How big of an impact is dependent on your unique situation. We’ve compiled this short list of provisions that may affect the business community: