Category: Business

As an employer, one of your main goals should be keeping your employees happy. And you can keep your employees happy without losing favorable 401(k) tax benefits, paying penalties or facing liabilities. In the process, don’t forget to take the changes caused by the SECURE 2.0 Act into consideration, namely in terms of retirement savings […]

Under the Fair Labor Standards Act, whether employees should receive on-call pay depends on whether the time spent on call qualifies as “hours worked.” If so, employees must receive at least the federal minimum wage for each hour spent on call, plus overtime for all work hours over 40 for the week.  Whether on-call time […]

Workplace experts are advising businesses to check on the required federal posters they display at their businesses. Some recent regulatory changes have led to poster modifications this year, and HR departments need to review the rules and post the latest notices. According to the Society for Human Resource Management, the Know Your Rights: Workplace Discrimination Is […]

Building credit for a small business is difficult, especially if you do not want to post a personal guarantee. It is possible, though, if the following guidelines are followed: Get in touch with us for more ideas to help in all aspects of your business.

According to the IRS, whether someone travels for work once a year or once a month, figuring out travel expense tax write-offs might seem confusing. Fortunately, the IRS has information to help all business travelers properly claim these valuable deductions while avoiding erroneous deductions that could lead to penalties. The main travel tax details Business […]

On Dec. 29, President Joe Biden signed the PWFA, to become effective on June 27. Like many laws, the text can be complex, but the Equal Employment Opportunity Commission has provided a summary of the key provisions. What exactly is the PWFA? In brief, says the EEOC, the PWFA requires “covered employers” to provide “reasonable […]

Ever since it was put into action, the FMLA has made it possible for working Americans to receive a guaranteed 12 weeks of unpaid leave in the event they need to recover from an illness, care for a family member under specific circumstances or stay home with a newborn, all without fearing that they will […]

According to Leadershipexcellencenow.com, “Micromanagement is a business management style where the boss or manager controls every aspect, no matter how small, of the work done by his or her employees.” Micromanagement can make employees feel as though their boss does not trust them to do the job they were hired for. Feeling demoralized, these employees […]

This is not the first or last time you will hear this: COVID-19 changed everything. But it has had a specific impact on business owners who are trying to figure out how their businesses will survive the disruptions of the past few years. There was so much uncertainty that it was difficult to see past […]

Agencies typically apply different taxes to various situations based on each individual agency’s rules, regulations and payment methods. Contrary to what people often say, what you don’t know actually can hurt you, so becoming more knowledgeable about tax issues that businesses often face is key.  Here are three common tax issues that can ultimately affect […]